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Retainer And Contingency Fee Agreement
"Need a Retainer And Contingency Fee Agreement for our Singapore law firm to engage a major financial institution, with monthly retainer of S$15,000 and success fees for corporate litigation matters, starting March 2025."
1. Parties: Identification of the law firm and client with full details
2. Background: Context of the engagement and nature of legal services required
3. Definitions: Key terms used in the agreement including billing periods, rates, etc.
4. Scope of Services: Detailed description of legal services to be provided
5. Fee Structure: Retainer amount, billing rates, and payment terms
6. Billing and Payment Terms: Frequency of billing, payment methods, and late payment consequences
7. Term and Termination: Duration of agreement and termination provisions
1. Conflict Resolution: Procedures for resolving disputes, use when dealing with sophisticated clients
2. Confidentiality: Detailed privacy provisions, recommended for sensitive matters
3. Third Party Costs: Handling of external costs, use when third-party services are likely
1. Fee Schedule: Detailed breakdown of hourly rates and retainer calculations
2. Scope of Work: Detailed description of specific services covered
3. Team Structure: List of key personnel and their roles
Authors
Retainer Fee
Success Fee Structure
Billing and Payment
Client Obligations
Law Firm Obligations
Confidentiality
Conflicts of Interest
Term and Termination
Professional Standards
Document Retention
Intellectual Property
Force Majeure
Liability and Indemnification
Assignment
Amendments
Governing Law
Dispute Resolution
Notices
Entire Agreement
Severability
Third Party Rights
Anti-Money Laundering Compliance
Data Protection
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