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Mixed Contingency Fee Agreement
"I need a Mixed Contingency Fee Agreement for a corporate litigation case in Manila, with a 15% fixed fee payable monthly starting January 2025 and a 25% contingency fee on net recovery, including provisions for multiple attorneys working on the case."
1. Parties: Identification of the Attorney/Law Firm and the Client with complete details
2. Background: Context of the legal matter and reason for engagement
3. Definitions: Key terms used throughout the agreement including 'Recovery', 'Net Recovery', 'Costs', 'Fixed Fee Component', and 'Contingency Fee Component'
4. Scope of Legal Services: Detailed description of legal services to be provided and the specific matter being handled
5. Fee Structure: Detailed breakdown of the mixed fee arrangement, including fixed fee amounts and contingency percentage
6. Payment Terms: Terms for payment of fixed fees and calculation/payment of contingency fees
7. Costs and Expenses: Allocation of responsibility for litigation costs and other expenses
8. Client's Rights and Obligations: Client's responsibilities and rights throughout the representation
9. Attorney's Rights and Obligations: Attorney's commitments and professional obligations
10. Termination: Conditions and procedures for termination of the agreement
11. Governing Law: Specification of Philippine law as governing law and relevant jurisdictional provisions
12. Execution: Signature blocks and execution requirements
1. Conflict Resolution: Procedures for resolving disputes between attorney and client - recommended for high-value cases
2. Referral Arrangements: Terms regarding fee sharing if other attorneys are involved - include if referral arrangements exist
3. Insurance Coverage: Provisions regarding professional liability insurance - include for high-risk cases
4. Confidentiality: Detailed confidentiality provisions - recommended for sensitive matters
5. Multiple Client Provisions: Special provisions for cases with multiple clients - include only if representing multiple parties
6. Success Metrics: Definition of success criteria for contingency calculation - recommended for complex cases
1. Schedule A - Fee Calculation Examples: Examples showing how mixed fees will be calculated in different scenarios
2. Schedule B - Scope of Services: Detailed breakdown of services covered under the agreement
3. Schedule C - Cost Schedule: Itemized list of anticipated costs and expenses
4. Appendix 1 - Client Authorization: Client's written authorization for specific actions
5. Appendix 2 - Related Cases: List of related cases or matters if applicable
6. Appendix 3 - Team Members: List of attorneys and staff assigned to the matter
Authors
Legal Services
Financial Services
Real Estate
Construction
Manufacturing
Technology
Healthcare
Mining
Insurance
Retail
Transportation
Energy
Legal
Finance
Compliance
Risk Management
Corporate Secretariat
Executive Leadership
Business Development
Operations
Procurement
Chief Legal Officer
General Counsel
Legal Director
Corporate Secretary
Compliance Officer
Risk Manager
Chief Financial Officer
Managing Partner
Senior Partner
Legal Operations Manager
Contract Manager
Business Development Manager
Chief Executive Officer
Finance Director
Corporate Counsel
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