Oakland Michigan Agreement between Attorney and Client to Collect a Judgment

• Category: Collections - Attorneys
• State: Multi-State
• County: Oakland
• Control #: US-02700BG
• Format: Word; Rich Text

Description

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction. The Oakland Michigan Agreement between Attorney and Client to Collect a Judgment serves as a legal document that outlines the terms and conditions under which an attorney will assist a client in the process of collecting a judgment. This agreement creates a formal partnership between the attorney and client, establishing the roles, responsibilities, and expectations of each party involved. Within the Oakland Michigan jurisdiction, there are mainly two types of agreements that can be established between an attorney and client for the purpose of collecting a judgment: 1. Contingency Fee Agreement: This type of agreement is commonly used in judgment collection cases. It specifies that the attorney's fees will be contingent upon successfully recovering the judgment amount. In this arrangement, the attorney will typically receive a percentage of the collected judgment as their compensation. The agreement will typically outline the percentage or range of the contingency fee, payment structure, and any additional expenses that the client may be responsible for. 2. Hourly Fee Agreement: In some cases, an attorney and client may decide that an hourly fee arrangement is more suitable for collecting a judgment. This agreement states that the attorney will charge the client an hourly rate for all services rendered, regardless of the outcome of judgment collection. The agreement will outline the specific hourly rate, the estimated number of hours required, and how the client will be billed for services rendered. Both types of agreements aim to establish a clear understanding between the attorney and client, ensuring transparency and clarity throughout the judgment collection process. It is crucial to carefully review and comprehend the terms of the agreement before signing to safeguard the rights and interests of both parties. Keywords: Oakland Michigan, Agreement between Attorney and Client, Collect a Judgment, Contingency Fee Agreement, Hourly Fee Agreement, Judgment Collection Process, Legal Document, Roles and Responsibilities, Transparent and Clear, Compensation, Terms and Conditions.

The Oakland Michigan Agreement between Attorney and Client to Collect a Judgment serves as a legal document that outlines the terms and conditions under which an attorney will assist a client in the process of collecting a judgment. This agreement creates a formal partnership between the attorney and client, establishing the roles, responsibilities, and expectations of each party involved. Within the Oakland Michigan jurisdiction, there are mainly two types of agreements that can be established between an attorney and client for the purpose of collecting a judgment: 1. Contingency Fee Agreement: This type of agreement is commonly used in judgment collection cases. It specifies that the attorney's fees will be contingent upon successfully recovering the judgment amount. In this arrangement, the attorney will typically receive a percentage of the collected judgment as their compensation. The agreement will typically outline the percentage or range of the contingency fee, payment structure, and any additional expenses that the client may be responsible for. 2. Hourly Fee Agreement: In some cases, an attorney and client may decide that an hourly fee arrangement is more suitable for collecting a judgment. This agreement states that the attorney will charge the client an hourly rate for all services rendered, regardless of the outcome of judgment collection. The agreement will outline the specific hourly rate, the estimated number of hours required, and how the client will be billed for services rendered. Both types of agreements aim to establish a clear understanding between the attorney and client, ensuring transparency and clarity throughout the judgment collection process. It is crucial to carefully review and comprehend the terms of the agreement before signing to safeguard the rights and interests of both parties. Keywords: Oakland Michigan, Agreement between Attorney and Client, Collect a Judgment, Contingency Fee Agreement, Hourly Fee Agreement, Judgment Collection Process, Legal Document, Roles and Responsibilities, Transparent and Clear, Compensation, Terms and Conditions.