Virginia Letter Confirming Oral Agreement to Employ Attorney on a Contingent Fee Basis

• Category: Contracts - Attorney
• State: Multi-State
• Control #: US-1001BG
• Format: Word; Rich Text

Description

This is a Letter confirming an oral agreement to employ an attorney on a contingent fee basis. This letter is to the client, signed by both lawyer and client, reducing to writing, an oral agreement setting forth the duties of the lawyer and the client. The agreement should usually identify what the lawyer will and won't do for the client. Generally the engagement letter is created after the initial conference with the client, during which a tentative agreement has been reached.

The Virginia Letter Confirming Oral Agreement to Employ Attorney on a Contingent Fee Basis is a legal document used to solidify an understanding between a client and an attorney regarding the terms of a contingent fee arrangement. This type of agreement is commonly employed in Virginia, allowing clients to hire an attorney without paying any upfront fees. Instead, the attorney's compensation is contingent upon the successful outcome of the case. When drafting a Virginia Letter Confirming Oral Agreement to Employ Attorney on a Contingent Fee Basis, it is crucial to include specific details to avoid any misunderstanding or disputes. The document should provide comprehensive information about the parties involved, including the client's name, address, and contact information, as well as the attorney's name, law firm, and contact information. Additionally, the agreement should clearly state the purpose of the attorney's representation, whether it is for personal injury claims, medical malpractice cases, workers' compensation, or any other relevant legal matter. By identifying the specific type of case, both parties can ensure they are on the same page. Furthermore, the Virginia Letter Confirming Oral Agreement should outline the terms and conditions of the contingent fee arrangement. This includes defining the contingency fee percentage that the attorney will receive as compensation if the case is successful. It should also cover any potential costs or expenses that may be deducted from the recovery. Moreover, the document should establish a clear timeline, outlining any important deadlines, filing dates, or limitations that might affect the case. It is crucial to include language that addresses how long the agreement will remain in effect, whether it is until the case is resolved or terminated earlier by either party. Lastly, the Virginia Letter Confirming Oral Agreement to Employ Attorney on a Contingent Fee Basis should include a section that emphasizes the client's right to obtain independent legal advice before signing the agreement. This ensures that the client is fully aware of the terms and implications of the contingent fee arrangement. Different types of Virginia Letter Confirming Oral Agreement to Employ Attorney on a Contingent Fee Basis may exist, depending on the specific practice areas or legal concerns involved. Some examples include a Virginia Letter Confirming Oral Agreement for Personal Injury Claims on a Contingent Fee Basis, a Virginia Letter Confirming Oral Agreement for Medical Malpractice Cases on a Contingent Fee Basis, or a Virginia Letter Confirming Oral Agreement for Employment Discrimination Claims on a Contingent Fee Basis. By tailoring the agreement to the specific legal matter, both the client and attorney can ensure a clear understanding of the terms and conditions for their particular case.