Is the Client Going to Be the One Who Is

question 67

Essay

Is the client going to be the one who is suing or being sued in a contingent fee agreement? Explain.

---

Definitions:

Agency Coupled

A legal relationship where an agent has an irrevocable right to represent the principal due to an interest the agent has in the subject of the agency.

Filing for Bankruptcy

A legal process through which individuals or entities declare their inability to pay their debts, seeking relief from some or all of their financial obligations.

Two-party Relationship

A legal or commercial association involving two parties, often characterized by a contractual agreement or other formal arrangement.

Express Authority

Actual authority that the principal has manifested to the agent in very specific or detailed language.