ATTORNEY-CLIENT CONTINGENCY FEE AGREEMENT
This Agreement is made and entered into this day by the undersigned (“Client”) and Peterson |
Wampold | Rosato | Luna | Knopp (“Attorneys”) for the purpose of governing their attorney-client
1. Scope of Representation. Client retains Attorneys for the purpose of handling Client’s (e.g.
personal injury, malpractice, construction injury) claim arising from ________________ (e.g.
accident) which took place on _________________(“the Matter”). This representation involves the
investigation, preparation, and negotiation of the Matter, along with the commencement of legal
proceedings in court or arbitration, and the trial or hearing in arbitration, as well as any appeal
thereof. Whether and to what extent Attorneys will represent client with respect to claims for
reimbursement by third parties is addressed in paragraph 4 below. Attorneys are not required to
perform any legal services outside the scope of representation set forth in this Agreement unless
agreed to in writing by Attorneys.
2. Attorney Fees. Client agrees that Attorneys are entitled to compensation as attorney fees as
is set forth below:
A. Percentage Attorney Fees. (Insert percentage agreed to) of all sums recovered from
any source for Client and shall be calculated on the (Insert gross/net) recovery (before/after)
deduction of litigation costs. In the event no recovery is made, Client shall owe Attorneys
nothing for services. If recovery is made on an annuity or periodic payment basis, the
attorney fee shall be computed by applying the percentage to the actual cost of the annuity.
Attorney fees shall be deducted from the initial cash payment of any settlement or judgment.
B. Hourly Option. Client has been informed of the alternative method of hiring
Attorneys on an hourly fee basis of $_______ per hour, and has specifically elected the
contingency fee set forth above instead.
C. Definition of Litigation Costs. Litigation costs are those costs expended by
Attorneys to prosecute the Matter, including but not limited to, expert witness fees,
deposition fees and the cost of obtaining medical records. Litigation costs specifically do not
include any costs directly incurred by Client, client medical expenses, unpaid medical bills,
or any right of reimbursement by insurance companies or other third parties.
3. Responsibility for Litigation Costs.
Attorneys agree to advance such litigation costs as they deem reasonable and necessary to prosecute
the Matter solely as agent for Client. Client agrees to pay litigation costs so advanced by Attorneys,
in addition to Attorney fees, if any, due under this agreement. Client shall receive a monthly
statement of litigation costs. In the event that no recovery is made, Client shall owe Attorneys
nothing for services; however, Client shall still owe attorneys for all litigation costs advanced in
prosecuting the Matter.
4. Addressing Claims of Third Parties. Client acknowledges that Client may have to
reimburse claims of third parties. In the event Attorneys are unsuccessful in negotiating to Client’s