The undersigned (“Client”) hereby employs Payne Law, PLLC (“Attorney” or “Firm”), to represent Client in claim(s) for contractual rights against Client’s insurance company for loss(es) to Client’s property:
This is a contingency fee agreement. If no recovery is made for, or on behalf of Client, the client shall not pay attorneys’ fees for any of the professional services rendered in reference to this matter by the Attorney.
In the event of a recovery, the Attorney shall be entitled to receive legal fees from the gross proceeds of any recovery. It is agreed that the attorney shall receive 15% of any proceeds for claims that are resolved prior to filing a lawsuit. It is agreed that the attorney shall receive 20% of any proceeds for claims that are resolved after the filing of a lawsuit, in litigation. Any expenses incurred on behalf of Client shall be deducted from the gross proceeds prior to any attorneys’ fees deduction THERE ARE NO UPFRONT FEES.
Client hereby authorizes Attorney to file suit against Client's insurance carrier or other responsible party should they deny, reject, or underpay Client's claim. If the payment of attorney's fees is required to be determined by the Court, or if settlement is achieved via negotiations with the responsible party, attorney shall be entitled to receive all of such attorney's fees awarded by the Court. In the event that Florida Statute
§768.79 applies, it is agreed that attorney shall be entitled to received all of its expended or negotiated fees pursuant to the statute. Client acknowledges that the Attorney rate is at minimum $500.00/hour, and paralegal rate is $125/hour. NO RECOVERY, NO FEE. If there is no settlement recovered from the Insurance Company, no fee will be applied to the client.
In addition to the legal fees, Attorney is entitled to receive all court costs and expenses incurred by Attorney in reference to this matter. Any and all such expenses incurred on Client’s behalf shall be deducted from the Client’s net proceeds of recovery, after deducting Attorney’s fees from the gross recovery from the insurance carrier. Client will not be liable for any costs advanced unless Attorney recovers proceeds for the insurance claim.
Client agrees to cooperate with the Attorney's requests, to be available to the Attorney at reasonable times and places, and to keep Attorney fully advised as to current address and telephone number. Client agrees to communicate with Attorney and cooperate with Attorney’s reasonable requests and the legal process. Failure on the part of Client to communicate and/or cooperate with Attorney, may result in Attorney withdrawing from representation of Client.
Client represents that before signing this contract they have received and read The Statement of Client's Rights. Client affirms that they understand their rights set forth therein. Client affirms they have signed The Statement of Client's Rights and have received a copy. This contract may be canceled by written notification to the Attorney within 3 business days of signing by Client. If cancelled, Client shall not be obligated to pay any fees to Attorney for any/all work performed during that time. If Attorney has advanced funds to others in representation of the Client, Attorney is entitled to be reimbursed for all amounts advanced on behalf of Client.
Client authorizes the Attorney, on his/her/their/its behalf, to execute any and all documents, including pleadings, stipulations and agreements, and to retain in their name, the services of any and all accountants, expert witnesses, appraisers, contractors and investigators whom in its discretion are
deemed necessary to prepare for the prosecution of the action described above. Client further authorizes attorney to pay out of the proceeds of recovery all unpaid costs and liens. Client authorizes attorney to endorse Client's signatures on any settlement check and to deposit check into Attorney's trust account.
Client understands and consents that if there is an outstanding mortgage on the subject property, the Mortgagee has a right to be a co-payee on all insurance checks for real property damages. Client will be solely responsible to obtain the Mortgagee's endorsement of such checks. The Client agrees that whether there are mortgage obligations or not, Client is held 100% responsible for Payne Law, PLLC., entire fee and costs along with any other fee(s) incurred throughout your claim resolution. If your claim is a monitored claim, the entire fee of Payne Law, PLLC. is to be deducted from the first disbursement.
THE UNDERSIGNED CLIENT HAS, BEFORE SIGNING THIS CONTRACT, RECEIVED AND READ THIS STATEMENT OF CLIENT’S RIGHTS, AND UNDERSTANDS EACH OF THE RIGHTS SET FORTH THEREIN. THE UNDERSIGNED CLIENT HAS SIGNED THE STATEMENT AND RECEIVED A SIGNED COPY TO KEEP TO REFER TO WHILE BEING REPRESENTED BY THE UNDERSIGNED ATTORNEY.