New Orleans Louisiana Contingent Fee Contract to Employ Attorney with Retainer and Hourly Fee in Case Representation is Terminated
Category:
State:
Multi-State
City:
New Orleans
Control #:
US-0999BG
Format:
Word;
Rich Text
Instant download
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.
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