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HomeMy WebLinkAbout25-270 - Contract - Matthew W. Cockrell & Associates PC - Insurance & Cost Recovery Services25-270 Council Approval N/A Matthew W. Cockrell & Associates, P.C. 3015 Floral Drive, Northbrook, IL 60062 Tel.: 847-341-5250 Email: MCockrellnCockrellLegal.com LEGAL SERVICES RETENTION AGREEMENT ENVIRONMENTAL INSURANCE AND COST RECOVERY MATTER (City of Tukwila, Washington) This Legal Services Retention Agreement defines the nature and scope of the relationship between Matthew W. Cockrell and Associates, P.C. ("Cockrell") and City of Tukwila, Washington ("Client") and will detail the terms on which Cockrell will provide legal services to represent the Client in connection with the environmental insurance and cost recovery matter. Please read this retention agreement carefully and fully understand it before signing. SCOPE OF SERVICES: a. Insurance and Cost Recovery Matter: The scope of this engagement, which will be referred to as the "Recovery Matter," will encompass the legal services necessary and appropriate to undertake a recovery matter against historic comprehensive general liability policies of insurance. This will include, without limitation, reviewing and analyzing insurance policies, analyzing existing environmental and site history information to develop legal theories of recovery, advising Client on all legal matters, submitting claims to insurers, and/or negotiating settlements. This retention does not include litigation services. b. Client Authority: While Cockrell will provide to the Client legal advice, recommendations and options, the Client has the right to make the final decisions as to all claims, strategies, and settlements. LEGAL. FEES AND EXPENSES: a. Legal Ties: The Client will be obligated to pay the attorneys' fees of Cockrell only if the Client receives Recoveries (as defined below) in which case Cockrell will receive a contingency fee of 10% of Recoveries. b. Expenses: In Cockrell's experiences, expenses are very rarely required. In the event Cockrell believes expenses are necessary, Cockrell will always request written approval in advance from Client. c. Experts and Consultants: Given the sophisticated environmental and other expertise needed to recover for environmental investigations and remediation, it is anticipated that, and only after Client approval, non -legal expert or consulting services may be separately required to assist in the Recovery Matter. Since any such expert or consultant is not part of or affiliated with Cockrell, the Client will be obligated to pay under separate contract for these services in addition to the "Expenses" described above. All communications and work product amongst Cockrell, Client and any non -legal expert or consulting services (including without limitation Restorical Research) are in anticipation of litigation and considered completely confidential and within the full confidentiality protections of the attorney client privilege and die attorney work product privilege. This will confirm with Client, Restorical Research and me our agreement that Restorical Research is Cockrell's non- Prisdleged and Confidential - 1 - lacy ver reprcscntab,c and non -I estif, I ng consultant assisting Cockrc I I in this rcprcsen[a0on and is IN°ithin the confidentialities of the attorney client privilege and attorney work product privilege to the fullest extent of loveable under state IaNv and our agreeniclit. Restorical Research understands that it will not reveal tile information it has compiled to mmy third -party without first discussing the release with Cockrell or the Client and obtaining their concurrence.' = 3 . ...... Definition of Rccovcrv: The term --Recovery" as, used herein are all payments. \,,alLIC received and tangible benefit flowing to the Client directly or indirectly, rnonetar�', or othenvise., from any potentially responsible party. or frorri in\, one or more of the insurers of the Client or of any potentially responsible party, whether by collection, SCUlenIC11t. .judgment or litigation. bef"orc cons' .1'ideration of any income tax matters. Recovery includes but Is not limited to payments for invcsfigation and: re'ruediation work. sums attributable to Interest. punitive claniages'or attorney's fives and the present value of aniounts to be paid in the future, if attorne\'s fees are recovered, those will be treated as partoftlic, general reco%"cry and divided according to the terms of this agreement, Note that, under this retention agreement, you vv ill be responsible to pay Cockrell the Contingency 1 -be based oil tile value of allpayments even if the insurer or third part\, assumes responsibility for the site investigation and remediation and the payments are used for the oil - going site itn'estigation and remediation Oil your property. If this happens. you \\-Ill need to pay Cockrell its contingence fee based oil the amount of these paN nictits. Oov,,eniinLy LaNv `]'his Agreerrictit shall be governed by and construed in accordance \Wli the la\\s of the State of Washington, Chent has al\%,a\,s had and continues to have the choice to freely, select insurance coverage attorney of his choosing. This Retention Agreement can be tcrniiriate+ at an\, time by cither party as allowed under Washington law, NIA -M -FEW W, COCKRELL & ASSOCIA"FES. P.C. fav .............. Mattho\N, W, Cockrell Date: .247 -k--EV —1EANTEP- P- - - R- 0 VE—' -P—a -D:-(I es-e-- i ---- - Oh, of 'FLik\kl1a, Washi'll -1, 11arne: N Brandon Miles B%-: Street Address: 6200 Southcenter Blvd City and Zip Code: Tukwila WA 98188 Date:— ........ ... ... .... - ------- - ------ Fete: 206-431-3684 Cell: Email: brandon.milesPtukwilawa.Rov Privileged and Confidential