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Retainer And Contingency Fee Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Retainer And Contingency Fee Agreement

"I need a Retainer and Contingency Fee Agreement under Saudi Arabian law for a technology company client, with a monthly retainer of 15,000 SAR and a 25% contingency fee for any intellectual property litigation success, starting March 2025."

Document background
The Retainer And Contingency Fee Agreement is essential for establishing hybrid fee arrangements in legal services within Saudi Arabia. It is typically used when clients require ongoing legal services (covered by the retainer) while also pursuing specific cases or claims where success-based fees are appropriate (covered by the contingency). This document must strictly comply with Saudi Legal Practice Law, Saudi Bar Association regulations, and Sharia principles, making it distinct from similar agreements in other jurisdictions. The agreement includes comprehensive details about fee calculations, payment terms, service scope, professional obligations, and dispute resolution mechanisms. It's particularly valuable for complex legal matters where regular legal support is needed alongside specific outcome-dependent services, such as litigation or settlement negotiations.
Suggested Sections

1. Parties: Identification of the Attorney/Law Firm and the Client with full legal names and addresses

2. Background: Context of the legal representation and the nature of the legal matter

3. Definitions: Key terms used in the agreement including 'Retainer Fee', 'Contingency Fee', 'Costs', 'Expenses', and 'Recovery'

4. Scope of Services: Detailed description of legal services to be provided and any limitations or exclusions

5. Retainer Fee Structure: Details of the retainer amount, payment schedule, and what services are covered by the retainer

6. Contingency Fee Structure: Percentage of recovery, calculation method, and circumstances triggering the contingency fee

7. Costs and Expenses: Explanation of how costs and expenses will be handled, including court fees, expert witnesses, and other disbursements

8. Client Responsibilities: Client's obligations including providing information, maintaining communication, and payment responsibilities

9. Attorney Rights and Obligations: Professional commitments, ethical obligations, and compliance with Saudi Legal Practice Law

10. Termination: Conditions and process for terminating the agreement, including fee calculations upon termination

11. Dispute Resolution: Process for resolving disputes in accordance with Saudi law and Sharia principles

12. Governing Law: Specification of Saudi law as governing law and compliance with Sharia principles

13. Entire Agreement: Statement that the document represents the complete agreement between parties

Optional Sections

1. Conflict of Interest: Additional provisions regarding potential conflicts and their handling, used when representing multiple clients or in complex cases

2. Confidentiality: Detailed confidentiality provisions, used when handling sensitive information or upon client request

3. Third-Party Payment Arrangements: Used when fees will be paid by someone other than the client

4. Special Fee Arrangements: Used for hybrid fee structures or special payment arrangements

5. Insurance Coverage: Used when legal services involve insurance claims or coverage

6. International Aspects: Used when the legal matter involves cross-border elements

7. Power of Attorney: Used when specific authorization is needed for certain actions

Suggested Schedules

1. Schedule A - Fee Calculator: Detailed breakdown of how fees will be calculated, including contingency percentages and retainer applications

2. Schedule B - Scope of Work: Detailed description of services included and excluded from the agreement

3. Schedule C - Expense Categories: Categorization and explanation of different types of expenses and their handling

4. Appendix 1 - Client Information Form: Standard form collecting essential client information and matter details

5. Appendix 2 - Payment Terms: Detailed payment terms, methods, and schedules

6. Appendix 3 - Required Disclosures: Mandatory disclosures required by Saudi law and the Saudi Bar Association

Authors

Alex Denne

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

Relevant legal definitions













































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Relevant Industries

Legal Services

Financial Services

Professional Services

Healthcare

Real Estate

Construction

Manufacturing

Technology

Retail

Energy

Mining

Telecommunications

Transportation

Education

Relevant Teams

Legal

Finance

Executive Leadership

Compliance

Risk Management

Operations

Business Development

Corporate Governance

Procurement

Administration

Relevant Roles

General Counsel

Legal Director

Chief Legal Officer

Managing Partner

Chief Financial Officer

Chief Executive Officer

Legal Operations Manager

Compliance Officer

Risk Manager

Corporate Secretary

Business Development Manager

Contract Manager

Finance Director

Operations Director

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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