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 Oklahoma, an attorney engagement letter is a formal document that outlines the agreement between an attorney and a client regarding the provision of legal services. This letter typically details the fee structure, such as hourly rates, contingent fees, fixed fees, or retainer fees, and specifies the terms under which either party can terminate the legal relationship. Additionally, the engagement letter may outline the preferred method for dispute resolution, which could include mediation, arbitration, or litigation. It is crucial for clients to thoroughly review the engagement letter and seek clarification on any aspects they do not fully understand before agreeing to the terms. This ensures that both the attorney and the client have a clear understanding of the expectations and obligations of their professional relationship. While Oklahoma state statutes and federal law do not prescribe a specific format for engagement letters, they must comply with the ethical rules and standards of professional conduct as set forth by the Oklahoma Rules of Professional Conduct.