CFA Part 1
Contingent Agreement
You only pay attorney’s fees if we recover money for you. If there is no recovery, you do not owe Life Legal attorney’s fees or case costs under this agreement.
recovery
Recovery means the money obtained for you through a settlement, award, or judgment.
total gross recovery
This is the total amount recovered on your claim before any fees or costs are deducted.
1/3 or 33.3%
To estimate the attorney’s fee, divide the total recovery by 3.
Example: If the recovery is $10,000, one-third is $3,000.
lump sum
A lump sum is a one-time payment of money. For example, if the insurance company pays the full settlement in one check, that is a lump sum payment.
not obligated to pay
If we don't get the payout for you, you owe us nothing.
written notice
This means Life Legal can end its representation by giving you written notice. If that happens, we will let you know in writing.
court cost
Life Legal may pay certain case expenses upfront so you do not have to pay them out of pocket while the case is ongoing. If there is a recovery, those costs are then reimbursed from your share of the recovery.
obligated with recovery
You only have to repay case costs if money is recovered for you. If there is no recovery, you do not owe those costs.
deposition
A deposition is a formal interview where a witness answers questions under oath. Deposition costs can include things like the court reporter, transcript, and related fees.
co-counsel
Co-counsel is another lawyer who may help Life Legal handle your case if we believe their involvement would be helpful. You do not pay an additional attorney’s fee for co-counsel; their fee comes from the attorney’s fee already described in your agreement.
prosecute such claims
This means Life Legal may take legal action to pursue your claim, including filing and handling a lawsuit or other legal proceeding when appropriate.
ethical rules
This means Life Legal must follow the professional and ethical rules that apply to attorneys when handling or ending representation.
lien
This means our agreed fees and costs are paid out of the money recovered in your case before the rest is paid to you.
Statute of Limitations
Claims and lawsuits have deadlines. We need time to gather records and evaluate your case, so please respond quickly when we ask for information. If important deadlines are close, delays could affect our ability to pursue your claim.
