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Conditional fee agreements entered into from 1 April 2013: an overview
Practical Law UK Practice Note Overview 2-369-8962 (Approx. 60 pages)
Conditional fee agreements entered into from 1 April 2013: an overview
by Practical Law Dispute Resolution in association with Alexander Hutton KC, Hailsham Chambers
This note gives an overview of the different questions and issues which can arise when considering entering into a conditional fee agreement (CFA). It applies to CFAs entered into on or after 1 April 2013, when the recoverability of CFA success fees was removed with a few exceptions (the excepted cases). It explains what a CFA is and the requirements for creating a valid CFA. It concludes with a section on the implications of CFAs for law firms, their clients and other parties, and a troubleshooting section.
For an overview of CFAs entered into before 1 April 2013 and in relation to the excepted cases, see Practice note, Conditional fee agreements entered into before 1 April 2013 and in the excepted cases: an overview.
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