San Antonio Texas Contingent Fee Contract to Employ Attorney with Retainer and Hourly Fee in Case Representation is Terminated

• Category: Contracts - Attorney
• State: Multi-State
• City: San Antonio
• Control #: US-0999BG
• Format: Word; Rich Text

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. A San Antonio Texas contingent fee contract to employ an attorney with a retainer and hourly fee in case representation is terminated is a legal agreement between a client and an attorney in San Antonio, Texas, that outlines the terms of the attorney-client relationship when a case is terminated prematurely. In such contracts, there may be different variations depending on the specific circumstances and the preferences of the involved parties. Some possible types of San Antonio Texas contingent fee contracts to employ an attorney with a retainer and hourly fee in case representation is terminated include: 1. Standard Contingent Fee Contract with a Retainer: This type of contract involves the attorney charging a retainer fee upfront, which serves as an upfront payment to secure their services. In case the representation is terminated, the attorney is entitled to keep the retainer fee as compensation for the work performed up until that point. Additionally, the contingency fee, which is a percentage of the final settlement or verdict, will apply if the case is successful. 2. Hourly Fee Contract with a Contingent Fee Element: This contract structure involves the attorney charging an hourly fee for their services rendered. In case the representation is terminated, the client would be responsible for paying the attorney based on the hours worked at the agreed-upon hourly rate. Additionally, if the case concludes successfully, the attorney may be entitled to a contingency fee based on a percentage of the settlement or verdict obtained. 3. Partial Retainer/Partial Hourly Fee/Partial Contingency Fee Contract: In some instances, a combination of the above two contract types may be agreed upon. This hybrid contract structure allows for a partial retainer fee combined with an hourly fee for the attorney's ongoing representation. In the event that the client terminates the representation, the attorney retains the portion of the retainer fee applicable to the work completed thus far. The hourly fee would serve to compensate the attorney for the time and effort invested. If the termination occurs before the resolution of the case, as agreed in the contract, a reduced contingent fee may be applicable should a successful outcome be achieved later. It's important to note that the specifics of these contracts can vary and should always be carefully reviewed and agreed upon by both the client and the attorney. Consulting with a legal professional is advisable to ensure the contract accurately reflects the intentions and understanding of all parties involved.

A San Antonio Texas contingent fee contract to employ an attorney with a retainer and hourly fee in case representation is terminated is a legal agreement between a client and an attorney in San Antonio, Texas, that outlines the terms of the attorney-client relationship when a case is terminated prematurely. In such contracts, there may be different variations depending on the specific circumstances and the preferences of the involved parties. Some possible types of San Antonio Texas contingent fee contracts to employ an attorney with a retainer and hourly fee in case representation is terminated include: 1. Standard Contingent Fee Contract with a Retainer: This type of contract involves the attorney charging a retainer fee upfront, which serves as an upfront payment to secure their services. In case the representation is terminated, the attorney is entitled to keep the retainer fee as compensation for the work performed up until that point. Additionally, the contingency fee, which is a percentage of the final settlement or verdict, will apply if the case is successful. 2. Hourly Fee Contract with a Contingent Fee Element: This contract structure involves the attorney charging an hourly fee for their services rendered. In case the representation is terminated, the client would be responsible for paying the attorney based on the hours worked at the agreed-upon hourly rate. Additionally, if the case concludes successfully, the attorney may be entitled to a contingency fee based on a percentage of the settlement or verdict obtained. 3. Partial Retainer/Partial Hourly Fee/Partial Contingency Fee Contract: In some instances, a combination of the above two contract types may be agreed upon. This hybrid contract structure allows for a partial retainer fee combined with an hourly fee for the attorney's ongoing representation. In the event that the client terminates the representation, the attorney retains the portion of the retainer fee applicable to the work completed thus far. The hourly fee would serve to compensate the attorney for the time and effort invested. If the termination occurs before the resolution of the case, as agreed in the contract, a reduced contingent fee may be applicable should a successful outcome be achieved later. It's important to note that the specifics of these contracts can vary and should always be carefully reviewed and agreed upon by both the client and the attorney. Consulting with a legal professional is advisable to ensure the contract accurately reflects the intentions and understanding of all parties involved.