Fee Agreement – Contingency/Success (Business/Corporate)
1. Parties and Matter
- Law Firm: [FIRM NAME], [ADDRESS].
- Client: [CLIENT NAME], [ADDRESS].
- Matter: [RECOVERY ACTION / TRANSACTION / DISPUTE] (the "Matter").
2. Scope of Representation
The Firm will provide services related to [COLLECTION/RECOVERY/TRANSACTION CLOSING]. This agreement does not cover unrelated litigation or ongoing general counsel services unless added by written amendment.
3. Success/Contingency Fee Terms
The Firm's fee is contingent upon a defined recovery or transaction success.
- Recovery base: [DEFINE GROSS RECOVERY OR TRANSACTION VALUE].
- Success fee percentage: [PERCENT]% of recovery base.
If no recovery or closing occurs, no success fee is owed. Client remains responsible for costs as described below unless prohibited by law.
4. Costs and Expenses
The Firm may advance costs such as filing fees, service of process, expert fees, and travel. Costs will be reimbursed from any recovery or paid by Client as billed. If there is no recovery:
☐ Client is responsible for costs advanced
☐ Firm waives costs advanced
5. Settlement/Closing Authority
Client retains final authority to accept any settlement or transaction terms. The Firm will not accept without Client's written approval.
6. Termination
Client may terminate at any time. The Firm may withdraw as permitted by applicable rules and court orders. The Firm may be entitled to costs advanced and any fee rights permitted by law.
7. Fee Dispute Resolution
Fee disputes will be submitted to any required bar fee dispute program prior to court action.
8. Governing Law and Venue
This Agreement is governed by the laws of [STATE], venue in [COUNTY], [STATE].
9. Signatures
| Party | Signature | Date |
|---|---|---|
| [CLIENT NAME] | __________________________ | __________ |
| [ATTORNEY NAME], [FIRM NAME] | __________________________ | __________ |