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Contingency Fee Retainer Agreement
"I need a Contingency Fee Retainer Agreement for my law firm's representation of a manufacturing company in a commercial dispute, with a tiered fee structure where the percentage increases if the case proceeds to trial, and including special provisions for multiple attorney involvement."
1. Parties: Identifies the attorney/law firm and client with complete details including addresses and contact information
2. Background: Describes the context of the legal matter and the client's need for legal representation
3. Definitions: Defines key terms used throughout the agreement including 'contingency fee', 'recovery', and 'expenses'
4. Scope of Legal Services: Detailed description of the legal services to be provided and the specific matter being handled
5. Contingency Fee Structure: Specifies the percentage of recovery that will constitute the attorney's fees and how it will be calculated
6. Costs and Expenses: Explains how costs and expenses related to the case will be handled and who is responsible for them
7. Client's Rights and Responsibilities: Outlines the client's obligations and rights throughout the representation
8. Attorney's Rights and Responsibilities: Details the attorney's professional obligations and rights in representing the client
9. Termination: Conditions and procedures for terminating the agreement by either party
10. Governing Law: Specifies that Philippine law governs the agreement and references relevant codes and regulations
11. Signatures: Space for parties to execute the agreement with proper attestation
1. Multiple Attorney Involvement: Used when multiple attorneys or firms may be involved in handling the case
2. Alternative Fee Arrangements: Include when there's a possibility of settling or resolving the matter through alternative means
3. Conflict Resolution: Optional section detailing mediation or arbitration procedures for disputes between attorney and client
4. Insurance Coverage: Include when insurance policies may affect the recovery or fee arrangement
5. Client Authority: Used when client is a corporation or requires special authorization procedures
6. Referral Arrangements: Include when there are referral fees or arrangements with other attorneys
7. Special Client Instructions: Used when client has specific requirements or limitations for the representation
1. Schedule A - Fee Calculation Examples: Provides examples of how contingency fees will be calculated in various scenarios
2. Schedule B - Expense Categories: Detailed list of potential expenses and their handling
3. Schedule C - Client Documents: List of documents provided by client relevant to the case
4. Appendix 1 - Power of Attorney: Standard power of attorney form if required for the representation
5. Appendix 2 - Client Disclosure Form: Required disclosures under Philippine law and professional regulations
6. Appendix 3 - Case Timeline: Expected timeline and major milestones for the legal matter
Authors
Legal Services
Insurance
Banking and Finance
Real Estate
Construction
Manufacturing
Healthcare
Transportation
Mining
Energy
Technology
Telecommunications
Maritime
Legal
Compliance
Risk Management
Finance
Corporate Affairs
Operations
Business Development
Project Management
Contract Administration
Corporate Governance
General Counsel
Legal Director
Corporate Secretary
Chief Legal Officer
Compliance Officer
Risk Manager
Legal Operations Manager
Contract Manager
Chief Financial Officer
Finance Director
Business Development Manager
Project Manager
Corporate Attorney
Litigation Manager
Senior Partner
Managing Partner
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