Georgia Contingent Fee Contract to Employ Attorney with Retainer and Hourly Fee in Case Representation is Terminated

• Category: Contracts - Attorney
• State: Multi-State
• Control #: US-0999BG
• Format: Word; Rich Text

Description

Contingency fees are an arrangement for payment for an attorney's services, in which the attorney is paid out of the recovery awarded to the client. Contingency fees are usually between a fourth and a third of the amount awarded. If the client doesn't recover, no fee is owed. Contingent fees are commonly arranged in personal injury cases and may allow persons to hire a lawyer when they could otherwise not afford to pay hourly rates. In some states the percentage (or the maximum percentage) that a lawyer may charge by way of a contingency fee is set by law. A Georgia Contingent Fee Contract to Employ Attorney with Retainer and Hourly Fee in Case Representation is Terminated is a legally binding agreement between a client and an attorney in the state of Georgia. This type of contract is commonly used in situations where the client wishes to engage an attorney for a legal matter, but also wants the flexibility of terminating the representation if certain conditions are not met. The purpose of this contract is to outline the terms and conditions under which the attorney will provide legal services on a contingent fee basis, along with the inclusion of a retainer and hourly fee structure. The contingent fee means that the attorney's compensation is contingent upon the successful outcome of the case. If the case is not successful, the attorney may not receive payment for their services. In addition to the contingent fee arrangement, this type of contract also includes a retainer fee. The retainer fee is an upfront payment made by the client to secure the attorney's services and ensure their availability throughout the duration of the case. The retainer fee is typically non-refundable and may be used to cover initial expenses and costs associated with the case. Furthermore, the contract also specifies the inclusion of an hourly fee structure. In situations where the contingent fee arrangement does not apply, the attorney will bill the client based on the number of hours worked on the case. This hourly fee covers the attorney's time, research, consultations, and other necessary legal work. In the event that the client wishes to terminate the representation of the attorney before the case is resolved, the contract outlines the procedure and potential consequences. Terms related to the termination will vary depending on the specifics of the contract, but typically address issues such as the return of any unused portion of the retainer fee and the payment of outstanding hourly fees. While there may not be different types of Georgia Contingent Fee Contracts to Employ Attorney with Retainer and Hourly Fee in Case Representation is Terminated, the specific terms and conditions within the contract can vary depending on the agreement reached between the client and the attorney. It is important for both parties to thoroughly review and understand the contract to ensure clarity and mutual agreement.

A Georgia Contingent Fee Contract to Employ Attorney with Retainer and Hourly Fee in Case Representation is Terminated is a legally binding agreement between a client and an attorney in the state of Georgia. This type of contract is commonly used in situations where the client wishes to engage an attorney for a legal matter, but also wants the flexibility of terminating the representation if certain conditions are not met. The purpose of this contract is to outline the terms and conditions under which the attorney will provide legal services on a contingent fee basis, along with the inclusion of a retainer and hourly fee structure. The contingent fee means that the attorney's compensation is contingent upon the successful outcome of the case. If the case is not successful, the attorney may not receive payment for their services. In addition to the contingent fee arrangement, this type of contract also includes a retainer fee. The retainer fee is an upfront payment made by the client to secure the attorney's services and ensure their availability throughout the duration of the case. The retainer fee is typically non-refundable and may be used to cover initial expenses and costs associated with the case. Furthermore, the contract also specifies the inclusion of an hourly fee structure. In situations where the contingent fee arrangement does not apply, the attorney will bill the client based on the number of hours worked on the case. This hourly fee covers the attorney's time, research, consultations, and other necessary legal work. In the event that the client wishes to terminate the representation of the attorney before the case is resolved, the contract outlines the procedure and potential consequences. Terms related to the termination will vary depending on the specifics of the contract, but typically address issues such as the return of any unused portion of the retainer fee and the payment of outstanding hourly fees. While there may not be different types of Georgia Contingent Fee Contracts to Employ Attorney with Retainer and Hourly Fee in Case Representation is Terminated, the specific terms and conditions within the contract can vary depending on the agreement reached between the client and the attorney. It is important for both parties to thoroughly review and understand the contract to ensure clarity and mutual agreement.