Document background
The Conditional Fee Agreement is a specialized legal document used in the Philippine jurisdiction when parties wish to establish a success-based fee arrangement for legal services. This document is particularly relevant in cases where clients seek legal representation but prefer to link payment to successful outcomes, such as litigation, debt recovery, or commercial dispute resolution. The agreement must carefully balance the interests of both parties while ensuring compliance with Philippine legal requirements, including the Code of Professional Responsibility and Supreme Court guidelines on attorney's fees. It typically includes detailed provisions on success criteria, fee calculations, risk allocation, and payment terms, while avoiding any provisions that could be interpreted as champertous under Philippine law. The document serves as a comprehensive framework for the attorney-client relationship in success-fee based engagements.
