The Oregon Attorney Fee Contract Contingentnc— - 33-1/3%, also referred to as a "contingency fee agreement" or "33-1/3% fee contract," is a legal contract commonly used by attorneys and clients in Oregon. This type of fee agreement outlines the terms and conditions for attorney representation on a contingency basis, where the attorney's fees will be calculated as a percentage of the final recovery or settlement amount. In this specific type of attorney fee contract, the attorney agrees to handle the client's case on a contingency fee basis at a rate of 33-1/3%. This means that if the case is successful and the client receives a financial award or settlement, the attorney will be entitled to 33-1/3% (one-third) of the total amount recovered. If the case is unsuccessful and no recovery is made, the client will not owe any legal fees to the attorney, except for potential expenses incurred during the course of the case. The purpose of the Oregon Attorney Fee Contract Contingentnc— - 33-1/3% is to provide access to legal services for individuals who may not have the financial means to pay for legal representation upfront. It allows clients to pursue legal action without the burden of paying legal fees until and unless they are successful in their case. It's important to note that there may be variations or different types of Oregon Attorney Fee Contract Contingentnc— - 33-1/3%. For example, some agreements may include specific provisions outlining expenses that the client may be responsible for, such as court filing fees, expert witness fees, or other litigation costs. Additionally, there might be provisions regarding the allocation of fees if the case settles before going to trial or if it goes to trial but needs to be appealed. Clients are encouraged to thoroughly review and understand the terms and conditions of the Oregon Attorney Fee Contract Contingentnc— - 33-1/3% before signing. Consulting with the attorney and asking any necessary questions can help ensure both parties are clear and have a mutual understanding of the agreement. As with any legal contract, it's advisable to seek independent legal advice if needed.