Contingency Fee Agreement
Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms
This Contingency Fee Agreement is between a client and an attorney who agrees to represent the client on a contingency basis. Under this agreement, no fees will be owed if a recovery is not successful.
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This Contingency Fee Agreement includes the following:
- Parties: Sets forth the names of the client and the attorney who will represent the client in a lawsuit;
- Costs/Recovery: Sets out how costs (i.e. filing fees, depositions, experts) will be paid and if there is no recovery that no fees will be owed;
- Compensation: Sets forth the percentage amount which will be paid to the attorney in the event there is a recovery (i.e. 33 1/3%, 40%);
- Structured Settlements: Sets forth examples of payment in the event a structured settlement is agreed to;
- Independent Legal Advice: Client acknowledges that he/she was informed that the contents of this agreement should be discussed with another attorney prior to signing;
- Signatures: This agreement must be signed and dated by both the attorney and the client.
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This attorney-prepared packet contains:
- General Information
- Contingency Fee Agreement
Contingency Fee Agreement
Product Details
| Product | Contingency Fee Agreement |
| Country | United States |
| Pages | 4 |
| Dimensions | Designed for Letter Size (8.5" x 11") |
| Printer compatibility | Designed to print on all ink-jet and laser printers |
| Editable | Yes (.doc, .wpd and .rtf) |
| Format |
Microsoft Word Adobe PDF WordPerfect Rich Text Format |
| Platform |
Windows Compatible Mac Compatible Linux Compatible |
| Availability | In Stock. Instant Download |
| Usage | Unlimited number of prints |
| Category | Attorney - Client Correspondence |
| Product number | #28062 |
| Download time | Less than 1 minute (approx.) |
| Document Access |
Via secret online address Email with download links Email with attachment upon request |
| Refund Policy | 60 days, no-questions asked, 100% money back guarantee |
Frequently Asked Questions
A Contingency Fee Agreement is a contract between a client and an attorney where the attorney agrees to represent the client in a legal matter without upfront fees, receiving payment only if the case is successful.
Compensation in a Contingency Fee Agreement is typically a percentage of the recovery amount, which can vary based on the type of case and the agreement between the client and attorney.
If there is no recovery in the case, the client does not owe any attorney fees, making this type of agreement beneficial for clients who may not have the funds to pay upfront.
While the attorney's fees are contingent on recovery, clients may still be responsible for certain costs associated with the case, such as filing fees or expert witness fees, which should be clearly outlined in the agreement.
Yes, clients can negotiate the terms of the agreement, including the percentage of fees and how costs will be handled, ensuring that both parties are comfortable with the arrangement.
Is This Form Right For You?
Use This Form If:
- Individuals who are pursuing a personal injury claim may need a Contingency Fee Agreement to ensure they only pay legal fees if they win their case. This arrangement allows clients to seek justice without the burden of upfront costs, making legal representation accessible.
- Situations requiring legal representation in cases such as medical malpractice or workers' compensation often necessitate a Contingency Fee Agreement. Clients can engage an attorney with the confidence that they will not incur costs unless there is a successful recovery.
- For those considering a lawsuit but concerned about the financial implications, a Contingency Fee Agreement provides a safety net. This agreement outlines the attorney's fees contingent upon a successful outcome, alleviating the worry of paying legal fees upfront.
- Clients involved in class action lawsuits may find a Contingency Fee Agreement essential. It ensures that they are only responsible for attorney fees if the lawsuit results in a financial recovery, thereby encouraging participation in collective legal action.
- People seeking legal advice on a potential claim may require a Contingency Fee Agreement to clarify the terms of representation. This agreement helps establish expectations regarding costs and compensation, fostering transparency between the client and attorney.
Do Not Use If:
- – This form is not appropriate for clients who prefer to pay attorney fees upfront. If a client has the financial means to cover legal costs without relying on a contingency arrangement, they may choose a different type of agreement.
- – Individuals seeking legal representation for cases that do not involve potential monetary recovery should not use this form. For instance, family law matters such as divorce may require different fee structures.
- – Clients who are involved in criminal defense cases typically should not use a Contingency Fee Agreement. Legal representation in criminal cases often requires different payment arrangements due to the nature of the services provided.
- – This agreement is not suitable for clients who are uncomfortable with the idea of paying a percentage of their recovery to the attorney. Some clients may prefer a flat fee or hourly rate for legal services instead.
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