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Anonymous Posted 21 years ago
Legal Studies

risk agency agreement?

when I assign a lawsuit to a lawyer, i shall sign an agency agreement with the lawyer, setting down the matters to be assigned and the remuneration due to the lawyer etc.

if the agreement stipulates that where i get no award from my case, i do not need to pay any attorney's fee and on the contrary if i am awarded certain amount of damages, i shall pay 20% thereof (a proportion higher than usual) to my attorney.

by literal translation from my own language, i come up with risky agency agreement for that kind of agreement abovementioned. does this make good sense to native speakers or does someone have a better idea for that?

tks
  

Top answer

It sounds like what you are describing is no win - no fee agreement.

  • It sounds like what you are describing is no win - no fee agreement.
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2 Answers
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It sounds like what you are describing is no win - no fee agreement.
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Which is the same thing as a contingency arrangment.

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