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Conditional Fee Agreement Template for Pakistan

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Key Requirements PROMPT example:

Conditional Fee Agreement

"I need a Conditional Fee Agreement for a corporate client in the construction sector, where we'll charge 60% of our standard rates upfront and a 40% success fee if we win their breach of contract case, with the agreement starting March 1, 2025."

Document background
A Conditional Fee Agreement is utilized in the Pakistani legal system when a client and legal practitioner wish to establish a fee arrangement that links part of the legal fees to the successful outcome of a case. This type of agreement is particularly relevant in civil litigation, commercial disputes, and other matters where the client seeks to share the financial risk of litigation with their legal representative. The document must comply with Pakistani legal requirements, including the Legal Practitioners and Bar Councils Act 1973 and relevant Bar Council rules. It typically includes detailed provisions on success criteria, fee calculations (including both basic fees and success fees), payment terms, risk allocation, and termination rights. The agreement helps ensure transparency in fee arrangements while providing access to legal services for clients who might otherwise be unable to afford traditional fee structures.
Suggested Sections

1. Parties: Identification of the lawyer/law firm and the client, including full legal names and addresses

2. Background: Context of the legal matter and purpose of the agreement

3. Definitions: Key terms used in the agreement, including 'Success', 'Basic Fees', 'Success Fee', and 'Proceedings'

4. Scope of Legal Services: Detailed description of the legal services to be provided and the specific matter being handled

5. Success Criteria: Clear definition of what constitutes 'success' in the matter and triggers the success fee

6. Basic Fees: Details of standard fees payable regardless of outcome

7. Success Fee: Calculation method and amount of additional fees payable upon achieving success

8. Payment Terms: Timeline and method of payment for both basic and success fees

9. Costs and Disbursements: Treatment of court fees, expert fees, and other disbursements

10. Client's Obligations: Client's responsibilities including providing information and cooperation

11. Termination: Circumstances under which the agreement can be terminated and consequences

12. Governing Law: Specification that Pakistani law governs the agreement

13. Dispute Resolution: Process for resolving any disputes arising from the agreement

Optional Sections

1. Insurance Arrangements: Details of any relevant insurance coverage - include if client has legal expenses insurance

2. Third Party Funding: Include if external funding is being used to finance the litigation

3. Risk Assessment: Detailed assessment of case risks - include for complex cases or high-value claims

4. Alternative Fee Arrangements: Include if offering alternative payment options besides the conditional fee

5. Conflict of Interest: Include if there are potential conflicts that need to be disclosed and managed

6. Confidentiality: Detailed confidentiality provisions - include for sensitive matters

7. Assignment: Include if either party needs the right to transfer the agreement to another party

Suggested Schedules

1. Schedule 1: Fee Calculation: Detailed breakdown of how basic fees and success fees are calculated

2. Schedule 2: Disbursements: List of anticipated disbursements and their treatment

3. Schedule 3: Risk Assessment: Detailed analysis of case prospects and risks

4. Schedule 4: Scope of Work: Detailed description of legal services to be provided

5. Appendix A: Client Care Letter: Standard terms of business and client care information

6. Appendix B: Case Summary: Brief summary of the case and its current status

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































Clauses






























Relevant Industries

Legal Services

Financial Services

Insurance

Professional Services

Banking

Construction

Manufacturing

Real Estate

Healthcare

Technology

Retail

Energy

Relevant Teams

Legal

Compliance

Risk Management

Finance

Operations

Procurement

Contracts Administration

Dispute Resolution

Relevant Roles

General Counsel

Legal Director

Chief Legal Officer

Head of Legal

Compliance Officer

Risk Manager

Legal Operations Manager

Contract Manager

Litigation Manager

Finance Director

Chief Financial Officer

Managing Partner

Senior Partner

Associate Lawyer

Legal Consultant

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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