(1) In every case in
which a legal practitioner is employed to prosecute or defend any suit, matter
or proceeding in a court, the practitioner —
(a) is
entitled to a first charge upon the property recovered or preserved; and
(b) has
a prior right to payment out of the property recovered or preserved for the
taxed costs, charges and expenses as between practitioner and client of or in
reference to the suit, matter or proceeding.
(2) The court before
which the suit, matter or proceeding has been heard or is pending, or judge of
the court in chambers, may make ex parte any order for taxation of, and for
raising and paying the costs, charges and expenses referred to in
subsection (1)(1)(b) out of, the property as the court or judge thinks
just and proper.