Contingency Retainer Agreement for Singapore
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Contingency Retainer Agreement
"Need a Contingency Retainer Agreement for our Singapore law firm to represent a construction company in a major dispute, with a 25% success fee structure and specific provisions for expert witness costs to be commenced by March 2025."
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1. Parties: Identification of the law firm and client with full legal names and addresses
2. Background: Context of the legal matter and reason for engagement
3. Definitions: Key terms used throughout the agreement including fee calculation methods and success criteria
4. Scope of Services: Detailed description of legal services to be provided and extent of representation
5. Fee Structure: Clear explanation of contingency fee calculation, payment terms, and disbursements handling
6. Client Obligations: Client's responsibilities, commitments, and duty to cooperate
7. Termination: Conditions and process for ending the agreement, including fee calculations upon early termination
8. Confidentiality: Privacy and information protection obligations for both parties
1. Conflict of Interest: Additional provisions regarding potential conflicts and their management
2. Insurance Coverage: Details of professional indemnity insurance and coverage limits
3. Alternative Dispute Resolution: Procedures for resolving disputes between parties through mediation or arbitration
1. Schedule of Fees: Detailed breakdown of fee calculations, success fee percentages, and various outcome scenarios
2. Scope of Work Details: Comprehensive outline of specific legal services, milestones, and deliverables
3. Client Authority Form: Authorization form detailing specific actions the firm is empowered to take on behalf of client
4. Conflict Check Results: Documentation of conflict checking process results and mitigation measures if applicable
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