Retainer And Contingency Fee Agreement Template for United States

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Key Requirements PROMPT example:

Retainer And Contingency Fee Agreement

"I need a Retainer and Contingency Fee Agreement for my personal injury law practice in California, with a 33% contingency fee structure and a $5,000 initial retainer, including specific provisions for handling medical liens and multiple attorney involvement."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Industries

State-Specific Rules of Professional Conduct: State-specific regulations governing attorney conduct, including requirements for written fee agreements, limitations on contingency fees, and disclosure requirements

ABA Model Rules: American Bar Association Model Rules, particularly Rule 1.5, covering reasonable fees, fee agreements, clear communication requirements, and prohibitions against excessive fees

State Bar Association Guidelines: Guidelines from state bar associations detailing specific requirements for fee agreements, required language/disclaimers, and format requirements

Federal Laws: Relevant federal legislation including the Truth in Lending Act (for payment plans) and Fair Debt Collection Practices Act (for client collections)

State Consumer Protection Laws: State-specific consumer protection regulations covering clear disclosure requirements, cooling-off periods, and cancellation rights

State-Specific Fee Limitations: State regulations on fee structures including caps on contingency fee percentages, restrictions on certain types of cases, and sliding scale requirements

Ethics Opinions: Relevant opinions from state and local bar associations regarding fee arrangements and guidance on proper fee structures

Case Law: Relevant court decisions and precedents regarding fee agreements, enforcement of contingency agreements, and requirements for validity

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

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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