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Contingency Fee Agreement
"I need a Contingency Fee Agreement for my Dubai-based legal consultancy firm to handle technology licensing negotiations, with a 15% success fee structure triggered upon successful completion of license agreements, starting from March 2025."
1. Parties: Identification of the legal consultant/firm and the client, including full legal names, addresses, and registration details
2. Background: Context of the legal matter, relationship between parties, and purpose of the agreement
3. Definitions: Key terms used throughout the agreement, including 'Success', 'Fee', 'Services', and 'Matter'
4. Scope of Services: Detailed description of legal services to be provided, specifically excluding any prohibited contingency arrangements for court advocacy
5. Success Criteria: Clear definition of what constitutes 'success' for the purpose of fee calculation
6. Fee Structure: Detailed breakdown of the fee calculation method, including percentages, base fees if any, and payment triggers
7. Payment Terms: Timing and method of payment, including handling of costs and disbursements
8. Client Responsibilities: Client's obligations including providing information, documents, and cooperation
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Confidentiality: Obligations regarding confidential information and client privilege
11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
1. Conflict Resolution: Specific procedures for handling disputes between parties, used when parties want to specify mediation or other alternative dispute resolution methods
2. Insurance: Requirements for professional indemnity insurance, included when dealing with high-value matters
3. Exclusivity: Terms regarding exclusive representation, included when the legal consultant is to be the sole representative
4. Force Majeure: Provisions for unforeseen circumstances, included for long-term or complex matters
5. Assignment: Rights and restrictions regarding assignment of the agreement, included for corporate clients or complex matters
1. Schedule 1 - Scope of Services: Detailed breakdown of specific legal services to be provided
2. Schedule 2 - Fee Calculation: Detailed methodology for calculating success fees, including examples and scenarios
3. Schedule 3 - Success Criteria Matrix: Specific measurable criteria that define successful outcomes
4. Schedule 4 - Excluded Services: List of services specifically excluded from the agreement, particularly advocacy services
5. Appendix A - Client Information Form: Required client details and matter information
6. Appendix B - Power of Attorney: If required, template or actual power of attorney document
Authors
Scope of Services
Success Criteria
Fee Structure
Payment Terms
Client Obligations
Consultant Obligations
Representations and Warranties
Confidentiality
Intellectual Property
Term and Duration
Termination
Force Majeure
Limitation of Liability
Indemnification
Assignment
Notices
Entire Agreement
Amendment
Severability
Waiver
Governing Law
Dispute Resolution
Costs and Expenses
Relationship of Parties
Compliance with Laws
Anti-Corruption
Data Protection
Legal Services
Professional Services
Corporate Services
Financial Services
Real Estate
Construction
Technology
Healthcare
Manufacturing
Energy
Trading
Consulting
Legal
Finance
Compliance
Risk Management
Operations
Business Development
Corporate Affairs
Commercial
Contract Administration
Professional Services
Legal Consultant
Managing Partner
Chief Legal Officer
General Counsel
Legal Director
Corporate Lawyer
Business Development Manager
Chief Financial Officer
Contract Manager
Compliance Officer
Risk Manager
Operations Director
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