Contingency Fee Agreement Template: A Formal Contractual Framework

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Essential Sections

A contingency fee agreement template should include the following essential sections to ensure clarity, legal compliance, and professional presentation.

Contingent Fee Agreement: Pre-built template  airSlate SignNow
Contingent Fee Agreement: Pre-built template airSlate SignNow

1. Client Identification

Client Name: Clearly state the full name of the client.

  • Contact Information: Include the client’s address, phone number, and email address.

  • 2. Attorney Identification

    Attorney Name: Provide the full name of the attorney handling the case.

  • Firm Name: If applicable, list the name of the law firm.
  • Contact Information: Include the attorney’s address, phone number, and email address.

  • 3. Scope of Representation

    Case Summary: Briefly describe the nature of the case, including the underlying facts and legal issues involved.

  • Specific Tasks: Outline the specific tasks and responsibilities that the attorney will undertake on behalf of the client.
  • Case Goals: Clearly define the client’s desired outcome or objectives.

  • 4. Contingency Fee Structure

    Fee Percentage: Specify the percentage of the potential recovery that the attorney will receive as their fee.

  • Fee Calculation: Explain how the fee will be calculated, including any adjustments or deductions.
  • Costs and Expenses: Address the client’s responsibility for costs and expenses incurred during the case.

  • 5. Fee Disbursements

    Recovery Distribution: Outline how any recovered funds will be distributed, including the attorney’s fee, costs, and the client’s portion.

  • Retainer Fee: If applicable, discuss any initial retainer fee and its use.

  • 6. Attorney’s Duties

    Diligent Representation: State the attorney’s commitment to providing diligent and competent representation.

  • Communication: Outline the attorney’s obligation to keep the client informed about the progress of the case.

  • 7. Client’s Duties

    Cooperation: Indicate the client’s responsibility to cooperate with the attorney and provide necessary information.

    See also  Mutual Termination Agreement
  • Financial Obligations: Specify any financial obligations, such as payment of costs and expenses.

  • 8. Termination of Representation

    Termination Grounds: Outline the circumstances under which either party may terminate the agreement.

  • Fee Disputes: Address the resolution of any fee disputes that may arise.

  • 9. Governing Law and Jurisdiction

    Governing Law: Specify the applicable law that will govern the agreement.

  • Jurisdiction: Indicate the jurisdiction where any disputes arising from the agreement will be resolved.

  • 10. Signature Blocks

    Client Signature: Provide a space for the client to sign the agreement, indicating their acceptance of the terms.

  • Attorney Signature: Include a space for the attorney to sign the agreement, confirming their acceptance of the terms.
  • Date: Ensure that both parties date the agreement.

  • Design Considerations

    To create a professional and trustworthy contingency fee agreement template, consider the following design elements:

    Clear and Concise Language: Use plain language that is easy for the client to understand.

  • Consistent Formatting: Maintain consistent formatting throughout the document, using headings, bullet points, and numbering as needed.
  • Professional Typography: Choose a professional and legible font that is easy to read.
  • White Space: Use white space effectively to improve readability and create a visually appealing layout.
  • Branding: If applicable, incorporate your law firm’s branding elements, such as your logo and color scheme.
  • Accessibility: Ensure that the template is accessible to individuals with disabilities, complying with accessibility standards.

  • By carefully considering these essential sections and design elements, you can create a professional contingency fee agreement template that effectively protects the interests of both the attorney and the client.

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