A Rhode Island Attorney Fee Contract Contingentnc— - 33-1/3% is a legal agreement that outlines the terms and conditions of a lawyer's fee arrangement when representing a client in a contingency-based case. This type of contract is commonly used in personal injury claims, medical malpractice lawsuits, and other cases where the lawyer's fee is contingent upon the successful outcome of the case. In this type of fee arrangement, the attorney agrees to represent the client without charging any upfront fees or hourly rates. Instead, the attorney's fee is considered a percentage, typically 33-1/3%, of the total settlement or verdict amount received by the client. This means that if the case is unsuccessful and no compensation is obtained, the attorney will not receive any fee. The Rhode Island Attorney Fee Contract Contingentnc— - 33-1/3% should clearly outline the responsibilities of both the attorney and the client. It should specify the scope of the legal services to be provided, the contingencies upon which the attorney's fee is based, and any additional expenses that may be incurred during the course of the case. While the standard contingency fee in Rhode Island is 33-1/3%, it's worth mentioning that there may be variations or alternatives to this percentage depending on the complexity of the case or the attorney's negotiation with the client. Some contracts may include provisions for the attorney's fee to increase to 40%, 45%, or even 50% if the case proceeds to trial or an appeal. It is crucial for both the attorney and the client to carefully review and understand the terms of the Rhode Island Attorney Fee Contract Contingentnc— - 33-1/3% before signing. It's advisable for clients to seek clarification on any provisions they do not fully comprehend. Additionally, attorneys should ensure that the contract complies with Rhode Island's ethics rules and regulations governing contingency fee agreements. In conclusion, a Rhode Island Attorney Fee Contract Contingentnc— - 33-1/3% is a legal agreement between an attorney and a client that establishes the attorney's fee as a percentage of the settlement or verdict obtained. This type of contract is commonly used in contingency-based cases, providing access to legal representation without requiring upfront payments. Overall, it serves to protect the interests of both parties involved in the legal proceedings.