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Hybrid Contingency Fee Agreement
"I need a Hybrid Contingency Fee Agreement for a class action litigation matter in New South Wales, with a 60% base fee structure and 40% contingency component based on success, including provisions for litigation funding and multiple client management."
1. Parties: Identification of the law firm and the client, including full legal names and contact details
2. Background: Context of the legal matter and the purpose of entering into a hybrid fee arrangement
3. Definitions: Key terms used in the agreement, including 'Success', 'Contingency Fee', 'Base Fee', and other relevant terms
4. Scope of Services: Detailed description of legal services to be provided, including any limitations or exclusions
5. Fee Structure: Comprehensive explanation of the hybrid fee arrangement, including base fees and contingency component
6. Payment Terms: Timing and method of payment for both regular fees and contingency fees
7. Client Obligations: Client's responsibilities, including provision of information and cooperation
8. Law Firm Obligations: Law firm's duties, professional obligations, and service standards
9. Termination: Circumstances and procedures for ending the agreement, including fee calculations upon termination
10. Dispute Resolution: Process for resolving disagreements about fees or services
11. Governing Law: Specification of applicable state law and jurisdiction
1. Third Party Funding: Include when litigation funding is involved, outlining the relationship with funders and fee implications
2. Multiple Party Provisions: Required when representing multiple clients in the same matter, explaining fee splitting and conflict management
3. Interstate Practice Provisions: Include when matter involves multiple jurisdictions within Australia
4. Counsel Engagement: Include when barristers will be engaged, explaining fee arrangements and responsibilities
5. Settlement Authority: Optional section defining the scope of the firm's authority to negotiate settlements
6. Conflict of Interest Provisions: Detailed conflict provisions when there are specific identified potential conflicts
7. File Retention: Include when specific file retention requirements differ from standard practice
8. Conditional Fee Provisions: Include when part of the fee arrangement is conditional on specific milestones
1. Schedule A - Fee Calculation: Detailed breakdown of base fees, hourly rates, and contingency fee calculations
2. Schedule B - Scope of Work: Detailed description of legal services, phases, and deliverables
3. Schedule C - Disbursements: List of anticipated disbursements and their treatment under the fee arrangement
4. Schedule D - Team Structure: Details of legal team members and their roles
5. Appendix 1 - Costs Disclosure: Mandatory costs disclosure statement as required by relevant legal profession regulations
6. Appendix 2 - Client Acknowledgment: Client acknowledgment of understanding of fee arrangement and risks
7. Appendix 3 - Success Criteria: Detailed definition and examples of what constitutes 'success' for contingency fee purposes
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Find the exact document you need
Hybrid Contingency Fee Agreement
An Australian legal fee agreement combining standard fee structures with contingency elements, compliant with state and federal regulations.
Contingency Fee Retainer Agreement
An Australian legal agreement establishing a contingency fee arrangement between a law firm and client, where legal fees are calculated as a percentage of the successful outcome.
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