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The Contingency Fee Contract serves as a critical agreement between legal practitioners and clients in Australia, particularly in litigation matters where clients seek legal representation but may not have the means to pay traditional hourly rates. This document type has gained prominence in various litigation contexts, including personal injury, commercial disputes, and class actions. The contract must strictly comply with state-specific legal profession regulations and the Legal Profession Uniform Law (where applicable), incorporating mandatory consumer protections and disclosure requirements. It details the specific circumstances under which fees become payable, typically expressed as a percentage of the settlement or judgment amount, while clearly outlining both parties' obligations and rights. The agreement includes essential provisions for cost calculations, disbursements handling, termination rights, and success criteria, ensuring transparency and regulatory compliance in contingency-based legal representations.

1. Parties: Identification of the law firm and the client, including full legal names and contact details

2. Background: Context of the legal matter and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including 'success', 'settlement', 'professional fees', and 'disbursements'

4. Scope of Legal Services: Detailed description of the legal services to be provided and the specific matter being handled

5. Contingency Fee Structure: Clear explanation of how the contingency fee will be calculated, including percentages and the basis for calculation

6. Disbursements and Other Costs: Explanation of additional costs and how they will be handled, regardless of outcome

7. Client's Obligations: Client's responsibilities including providing information, maintaining communication, and following legal advice

8. Law Firm's Obligations: Firm's commitments regarding service delivery, communication, and professional standards

9. Success Criteria: Clear definition of what constitutes 'success' or conditions that trigger the contingency fee

10. Payment Terms: Timing and method of payment upon successful outcome

11. Termination: Circumstances under which either party may terminate the agreement and the consequences

12. Governing Law: Specification that Australian law governs the agreement and relevant jurisdiction