WEST PALM BEACH FLORIDA CAR ACCIDENT ATTORNEY'S FEES AND EXPENSES
2.01 In consideration of services rendered and to be rendered by Attorney, Client hereby agrees to pay to Attorney the following amounts on any settlements, monies, judgments or other consideration which have or may be paid on this legal matter:
a. Before the filing of an answer or the demand for appointment of arbitrators or, if no answer is filed or no demand for appointment of arbitrators is made, the expiration of the time period provided for such action:
1. 33.3 percent of any recovery up to $1 million; plus
2. 30 percent of any portion of the recovery between $1 million and $2 million; plus
3. 20 percent of any portion of the recovery exceeding $2 million.
b. After the filing of an answer or the demand for appointment of arbitrators or, if no answer is filed or no demand for appointment of arbitrators is made, the expiration of the time period provided for such action, through the entry of judgment:
1. 40 percent of any recovery up to $1 million; plus
2. 30 percent of any portion of the recovery between $1 million and $2 million; plus
3. 20 percent of any portion of the recovery exceeding $2 million.
c. If all defendants admit liability at the time of filing their answers and request a trial only on damages:
1. 33.3 percent of any recovery up to $1 million; plus
2. 20 percent of any portion of the recovery between $1 million and $2 million; plus
3. 15 percent of any portion of the recovery exceeding $2 million.
d. An additional 5% of any recovery after institution of any appellate proceeding is filed or post-judgment relief or action is required for recovery on the judgment.
It is agreed and understood that if the amount of attorney's fees on this claim or cause of action are regulated or governed by law, and that law precludes any other fee arrangement other than the amount set by the law or regulation, then the amount payable hereunder to said Attorney shall be limited to the maximum so allowed by law.
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