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Conditional Fee Agreement
"I need a Conditional Fee Agreement for a software patent dispute case, with a 15% success fee based on damages awarded and a minimal base fee, to be effective from March 1, 2025, compliant with Austrian law and including specific milestone-based payment triggers."
1. Parties: Identification of the attorney/law firm and the client, including full legal names, addresses, and registration details
2. Background: Context of the legal matter and purpose of the conditional fee arrangement
3. Definitions: Key terms used in the agreement, including 'Success', 'Base Fee', 'Success Fee', and other relevant terminology
4. Scope of Services: Detailed description of the legal services to be provided
5. Success Criteria: Clear and specific definition of what constitutes 'success' for the purpose of triggering the conditional fee
6. Fee Structure: Detailed explanation of the base fee (if any) and the conditional fee arrangement, including calculation methods
7. Payment Terms: Timing and method of payment, including handling of disbursements and third-party costs
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. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes
1. Conflict Resolution: Specific procedures for resolving disputes, used when parties want to specify mediation or particular arbitration procedures
2. Third Party Funding: Terms relating to any third-party litigation funding, included when external funding is involved
3. Insurance Arrangements: Details of any relevant legal expenses insurance, included when insurance is part of the arrangement
4. Multiple Party Provisions: Additional terms for cases involving multiple clients, used when representing more than one party
5. Regulatory Compliance: Specific provisions relating to regulatory requirements, included for regulated industries or matters
6. Confidentiality: Detailed confidentiality provisions, included when handling sensitive information or at client's request
1. Schedule 1 - Fee Calculation: Detailed methodology for calculating the conditional fee, including percentages, thresholds, and examples
2. Schedule 2 - Success Criteria Details: Comprehensive description of success scenarios and corresponding fee implications
3. Schedule 3 - Disbursements: List of anticipated disbursements and how they will be handled
4. Schedule 4 - Service Scope Details: Detailed breakdown of included and excluded services
5. Appendix A - Power of Attorney: Standard power of attorney form as required under Austrian law
6. Appendix B - Client Information Form: Required client information and verification documents
Authors
Applicable Law
Base Fee
Business Day
Claim
Client
Commencement Date
Conditional Fee
Costs
Disbursements
Effective Date
Engagement Letter
Expenses
Failed Outcome
Force Majeure
Legal Proceedings
Legal Services
Matter
Parties
Professional Rules
RAO
Reasonable Costs
Related Matters
Relevant Courts
Services
Success Criteria
Success Fee
Successful Outcome
Term
Termination Date
Third Party Costs
Third Party Funding
Unsuccessful Outcome
VAT
Definitions
Interpretation
Scope of Services
Fee Structure
Success Criteria
Payment Terms
Disbursements
Client Obligations
Attorney Obligations
Confidentiality
Data Protection
Conflict of Interest
Term
Termination
Force Majeure
Assignment
Notices
Amendments
Severability
Entire Agreement
Third Party Rights
Insurance
Record Keeping
Professional Rules Compliance
Anti-Money Laundering
Dispute Resolution
Governing Law
Jurisdiction
Legal Services
Financial Services
Insurance
Construction
Real Estate
Manufacturing
Technology
Healthcare
Energy
Telecommunications
Professional Services
Retail
Transportation
Legal
Finance
Compliance
Risk Management
Operations
Business Development
Corporate Governance
Procurement
Executive Management
Dispute Resolution
General Counsel
Legal Director
Chief Legal Officer
Head of Legal
Legal Operations Manager
Chief Financial Officer
Managing Partner
Senior Partner
Litigation Partner
Risk Manager
Compliance Officer
Legal Project Manager
Finance Director
Corporate Secretary
Business Development Manager
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