The Retainer And Contingency Fee Agreement is essential for legal practices in the United States where representation involves both an upfront retainer and success-based fees. This document is commonly used in personal injury, employment, and civil litigation cases where clients may have limited ability to pay hourly rates. The agreement outlines the scope of representation, fee structure, expense handling, and client obligations, while ensuring compliance with state bar requirements and professional ethics rules. It provides clarity and protection for both attorneys and clients by establishing clear expectations and terms of engagement.
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1. Parties: Identification of the attorney/law firm and client
2. Background: Context of the representation and nature of legal services
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of legal services to be provided
5. Fee Structure: Retainer amount and contingency fee percentage
6. Costs and Expenses: Handling of case-related expenses and disbursements
7. Payment Terms: Timeline and method of payment
8. Termination: Conditions and process for ending the agreement
1. Multiple Attorney Involvement: Terms for involving other attorneys or firms when referrals or co-counsel arrangements are anticipated
2. Alternative Dispute Resolution: Procedures for resolving disputes between attorney and client when specific dispute resolution procedures are desired
3. File Retention: Terms for maintaining and disposing of client files when specific file retention policies need to be addressed
1. Fee Schedule: Detailed breakdown of contingency fee percentages for different case outcomes
2. Expense Schedule: List of anticipated expenses and their handling
3. Client Authorization Form: Specific authorizations for settlement, expenses, or other actions
4. State-Required Disclosures: Any mandatory disclosures required by state law or bar association
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Retainer And Contingency Fee Agreement
A U.S. legal agreement establishing attorney representation terms, combining retainer payment and contingency fees.
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Success Fee Agreement
A US-governed agreement establishing performance-based compensation terms where payment is contingent upon achieving specific client objectives.
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