The crux of a contract is that you can assert it in court or arbitration if the other party doesn`t do what they`re supposed to do. But a generic form contract or a contract you write yourself may not be applicable in your country. Oral agreements are always difficult to enforce and do not even apply to certain types of transactions. Many states require that powers be notarized. Even in states that do not, it can be much easier for the agent than a notary`s seal and signature are on the document. The term for the person granting the POA is “prinzipal”. The person who obtains the power of attorney is called an “agent” or “Attorney-in-Fact”. Verify that your state requires the use of special terminology. Fees and Charges – Your representation agreement should also include clauses covering certain costs and expenses related to your case. The agreement should carefully describe and explain certain issues, for example. B how much and when the lawyer is paid, who is responsible for the legal costs and who will work on the case, whether it is a lawyer or a lawyer.
Hourly Fees – For many types of cases, this is the most common way to pay a lawyer….