Sums Recovered definition

Sums Recovered means all monies (and the value of any other property) actually paid in settlement of or judgment on the Lawsuit’s claims (including the settlement of any demand made by Attorneys on Client’s behalf before initiation of the Lawsuit), including any monies paid in settlement or judgment as an award of attorneys’ fees, costs, or interest.
Sums Recovered means all monies actually paid in settlement of or judgment
Sums Recovered means [insert appropriate language]. If no recovery on my behalf is made, I am not liable for attorney fees to my attorney, but will be responsible only for the actual expenses incurred by my attorney. I have deposited [dollar amount] with my attorney which is to be used toward costs and other expenses. No fee will be charged for assistance to me in obtaining recovery of benefits under my insurance policy for Personal Injury Protection (PIP), unless PIP benefits are denied by my insurance company. My attorney may charge the percentage fee based on the above schedule on any PIP benefits collected after a denial by my insurance company. Also, if my insurance company agrees, my attorney may collect a percentage of the subrogated proceeds paid by the party at fault to my insurance company. My attorney may assign all or any portion of the work to be performed to an associate or to other attorneys in the firm, and may use paralegals or others working under my attorney’s supervision. In the event of my attorney’s death, disability, impairment, or incapacity, I agree that another attorney appointed by my attorney can protect my rights and help close my attorney’s practice. My attorney agrees to send me copies of all documents filed in my case, all correspondence, and any and all other printed materials for my personal file. My attorney will also keep a copy of all information for [his/her] file. When my attorney has completed all the legal work necessary for my case, my attorney will close [his/her] file and return all my original documents to me. My attorney will then store [his/her] file for 10 years after my case is closed. After that time, my attorney will destroy [his/her] file. [Refer to AEO 125 for guidance as to the length of time required to keep certain types of client files.] My attorney agrees to provide conscientious, competent, and diligent services, and I agree to cooperate with my attorney and others working on my case by keeping appointments, appearing for depositions, producing documents, attending special court appearances, and making payments as agreed. This agreement does not cover attorney’s fees in the event of an appeal or retrial. I AM ENTITLED TO RESCIND THIS AGREEMENT WITHIN 24 HOURS AFTER SIGNING, UPON WRITTEN NOTICE TO MY ATTORNEY. (Please read the explanation on the following page before signing.) SIGNED by me on , . APPROVED: Enclosure This is an explanation of your Contingent Fee Agreement with us. Please read it and sign it before ...

Examples of Sums Recovered in a sentence

  • Attorneys shall be reimbursed for Costs first, from any monies paid by a defendant on account of Cost reimbursement and, if such monies are insufficient, from any monies paid as part of the Sums Recovered.

  • Attorneys shall not seek reimbursement from Client for Costs other than from monies paid by a defendant on account of Cost reimbursement or from monies paid as part of the Sums Recovered.


More Definitions of Sums Recovered

Sums Recovered means all monies (and the value of any other property) actually paid in settlement of or judgment on the Lawsuit’s claims (including the settlement of any demand made by Attorneys on Client’s behalf before initiation of the Lawsuit), including any monies paid in settlement or judgment as an award

Related to Sums Recovered

  • Recoveries means, with respect to any Receivable that becomes a Liquidated Receivable, monies collected in respect thereof, from whatever source, during any Collection Period following the Collection Period in which such Receivable became a Liquidated Receivable, net of the sum of any amounts expended by the Servicer for the account of the Obligor and any amounts required by law to be remitted to the Obligor.

  • Insurance Proceeds With respect to each Mortgage Loan, proceeds of insurance policies insuring the Mortgage Loan or the related Mortgaged Property.