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Contingency Retainer Agreement
"I need a Contingency Retainer Agreement for a personal injury case in Mumbai, with a 25% success fee structure and specific provisions for medical expense recovery, to be effective from March 1, 2025."
1. Parties: Identification of the lawyer/law firm and the client with complete contact details and registration information
2. Background: Context of the legal matter and circumstances leading to the engagement
3. Definitions: Key terms used in the agreement including 'Success', 'Contingency Fee', 'Costs', and 'Recovery'
4. Scope of Services: Detailed description of legal services to be provided and the specific matter being handled
5. Contingency Fee Structure: Clear explanation of the fee calculation method, percentage rates, and conditions for payment
6. Success Criteria: Specific definition of what constitutes 'success' triggering the contingency fee obligation
7. Costs and Expenses: Allocation of responsibility for court fees, filing costs, and other expenses
8. Payment Terms: Timeline and method of fee payment upon achieving success
9. Client Responsibilities: Client's obligations including providing information, documents, and cooperation
10. Confidentiality: Provisions for maintaining client confidentiality and handling sensitive information
11. Termination: Conditions and process for ending the agreement, including fee implications
12. Governing Law: Specification of Indian law as governing law and jurisdiction details
1. Multiple Party Provisions: Required when there are multiple clients or a class action situation
2. Alternative Fee Arrangements: Used when offering hybrid fee structures combining contingency with other billing methods
3. Conflict Resolution: Detailed dispute resolution procedures, recommended for high-value matters
4. Insurance Requirements: Needed when professional indemnity insurance details must be specified
5. File Retention: Specific terms for document retention and file handling after matter conclusion
6. Referral Arrangements: Required when the matter involves referral from another lawyer or firm
7. Technology Usage: Needed when specific software or platforms will be used for case management
1. Schedule A - Fee Calculation: Detailed breakdown of contingency fee percentages and calculation methods
2. Schedule B - Scope of Work: Detailed description of legal services and specific deliverables
3. Schedule C - Excluded Services: List of services specifically excluded from the agreement
4. Schedule D - Cost Schedule: Itemized list of anticipated costs and expenses
5. Appendix 1 - Client Information Form: Standard form collecting all necessary client information
6. Appendix 2 - Power of Attorney: Format for power of attorney if required for the matter
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