An attorney engagement letter is an agreement between the attorney and client regarding the terms and conditions on which the attorney or law firm will provide legal services to the client. The engagement letter generally includes the manner in which the attorney will charge the client for the legal services (hourly, contingent fee, fixed fee, with fee deposit), and the circumstances under which the attorney or client may terminate the relationship. The engagement letter will sometimes provide the process for resolving any disputes between the attorney and client (mediation, arbitration, litigation). You should carefully read the engagement letter and ask questions about any part of it you do not understand.
In New Mexico, an attorney engagement letter is a formal document that outlines the agreement between an attorney and their client concerning the provision of legal services. This letter typically details the fee structure, such as whether the attorney will charge hourly rates, a contingent fee, a fixed fee, or require a fee deposit. It also includes terms regarding the termination of the attorney-client relationship by either party. Furthermore, the engagement letter may specify the methods for dispute resolution, which could include mediation, arbitration, or litigation. Clients are advised to thoroughly review the engagement letter and seek clarification on any aspects they do not understand. While New Mexico does not have specific statutes governing the content of attorney engagement letters, the New Mexico Rules of Professional Conduct require attorneys to communicate the basis or rate of their fees and expenses to clients, preferably in writing, before or within a reasonable time after commencing representation.