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Contingency Fee Retainer Agreement
"I need a Contingency Fee Retainer Agreement for my law firm based in Mumbai, specializing in corporate litigation, with a sliding scale fee structure of 25-40% depending on case resolution timing and a specific clause for handling international arbitration cases."
1. Parties: Identification of the attorney/law firm and client with full legal names and addresses
2. Background: Context of the legal matter and circumstances leading to the engagement
3. Definitions: Key terms used throughout the agreement including 'Contingency Fee', 'Costs', 'Recovery', etc.
4. Scope of Services: Detailed description of legal services to be provided and specific matter being handled
5. Contingency Fee Structure: Percentage of recovery and calculation method, including variations based on stage of resolution
6. Costs and Expenses: Definition and handling of case-related expenses, whether advanced by attorney or paid by client
7. Attorney Rights and Responsibilities: Obligations of the attorney/firm in representing the client
8. Client Rights and Responsibilities: Client's obligations, including cooperation and truthful disclosure
9. Term and Termination: Duration of agreement and circumstances for termination by either party
10. Governing Law and Jurisdiction: Specification of Indian law application and jurisdiction for disputes
11. Entire Agreement: Integration clause confirming the complete agreement between parties
1. Multiple Attorney Involvement: Terms for involvement of multiple attorneys or referral arrangements, used when case may require additional counsel
2. Appeal Provisions: Special terms for handling appeals, used when appeals are anticipated or possible
3. Alternative Fee Arrangements: Alternative fee structures if case resolves in specific ways, used for complex cases
4. Client Communication Preferences: Specific communication protocols, used when client has special requirements
5. Conflict Resolution: Detailed dispute resolution procedures, used for high-value cases
6. File Retention: Terms for maintaining and disposing of case files, used for complex cases with extensive documentation
7. Insurance and Indemnification: Additional protection clauses, used for high-risk cases
1. Schedule A - Fee Calculation Examples: Detailed examples of how contingency fees will be calculated in various scenarios
2. Schedule B - Costs and Expenses List: Comprehensive list of potential costs and expenses that may be incurred
3. Schedule C - Required Documentation: List of documents required from client for case prosecution
4. Appendix 1 - Client Authorization Form: Standard authorization form for accessing client records and representing client
5. Appendix 2 - Bar Council Compliance Statement: Statement confirming compliance with relevant Bar Council rules
6. Appendix 3 - Case Information Sheet: Detailed information about the specific case and claims being pursued
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