A sample contingency fee agreement is a document that outlines the terms and conditions of an agreement between a lawyer and their client for legal representation on a contingency fee basis. Contingency fee is a payment arrangement where the lawyer`s fee is based on a percentage of the settlement or judgment awarded to the client.

The sample contingency fee agreement should include the following key elements:

1. Scope of the Agreement: The agreement should clearly state the scope of the legal services to be provided by the lawyer to the client. It should also outline any limitations on the agreement and any exclusions or inclusions in the scope of the case.

2. Contingency Fee Percentage: The agreement should clearly state the percentage of the settlement or judgment that the lawyer will be entitled to as their fee for the services rendered. Typically, contingency fees range from 33% to 40% of the final award.

3. Costs and Expenses: The agreement should outline the costs and expenses that the client will be responsible for paying in addition to the contingency fee. This can include court filing fees, expert witness fees, and other miscellaneous costs associated with the case.

4. Billing and Payment: The agreement should outline the billing and payment process, including the timing and frequency of payments. It should also specify how the contingency fee will be calculated and distributed.

5. Duration of Agreement: The agreement should specify the duration of the contingency fee arrangement, including any termination or cancellation clauses.

6. Legal Duties and Obligations: The agreement should outline the lawyer`s legal duties and obligations to the client, including the level of care and skill required in providing legal services.

7. Client Responsibilities: The agreement should also outline the client`s responsibilities, including providing all relevant documentation and information to the lawyer in a timely and accurate manner.

In summary, a sample contingency fee agreement is an important document that outlines the terms and conditions of a legal representation agreement between a lawyer and their client. It is important to ensure that the agreement is comprehensive and includes all key elements to avoid any misunderstandings or disputes between the parties.

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