What does risk agency mean? Risk agency refers to a special litigation agency behavior between an agent and a party. In practice, once the litigation request is executed, the agent will pay the princ

What does risk agency mean? Risk agency refers to a special litigation agency behavior between an agent and a party. In practice, once the litigation request is executed, the agent will pay the principal an agreed high proportion of remuneration. . General agents include two types, namely traditional agents and risk agents. The author will answer this question specifically for you below, hoping it will be helpful to your learning and practical application. 1. What does risk agency mean? Risk agency refers to a special entrusted litigation agency between the agent and the party. The client pays a small fee or no fee. After the case is completed, the client pays a certain proportion of the executed claims. Payment to the agent as compensation. If the lawsuit or execution fails, the agent will not get any return; if the creditor's rights are executed in place, the agent will pay the principal according to the agreed high ratio, which poses certain risks to both parties, so it is called a risk agency. 2. How to write a risk agency agreement Template of risk agency agreement (lawyer version) Party A: _______________________________ (hereinafter referred to as Party A) Party B: _______________ Law Firm (hereinafter referred to as Party B) Party A itself. Undertaken the case of ____________________ suing ____________________, Party A decided to entrust Party B's lawyer to provide risk representation for the case in order to better safeguard its legitimate rights and interests. After consensus reached by both parties, the following terms were entered into for mutual compliance: 1. Party B accepts Party A’s entrustment and appoints ______ lawyer, ______ lawyer, and ______ lawyer as Party A’s risk litigation agents in the first and second trial stages. 2. Party B’s lawyers shall safeguard Party A’s legitimate rights and interests conscientiously and responsibly, effectively perform their agency obligations, and strictly abide by lawyer professional ethics. 3. Party A’s lawyer must comprehensively and truthfully state the case to Party B and provide evidence and relevant materials. After Party B accepts the entrustment, if Party A fabricates or conceals facts, it has the right to terminate the agency, and depending on the realization of the agency’s purpose, Party B shall, in accordance with the contract, Agree to pay fees to Party A. 4. The authority of Party A to entrust Party B 1. The whole process of Party A entrusting Party B to represent Party B in litigation. 2. Party B’s authorization of the lawyer: see the authorization letter. 5. Lawyer fees and payment methods 1. Party A pays Party B’s agency fees. Party A pays Party B's agency fee of RMB ________ yuan (this amount does not include Party B's litigation fees, property preservation fees, and case execution fees). Party A shall pay all agency fees within _____ days from the date of completion of case execution. 2. Party B promises that if Party A wins the lawsuit and the amount determined by the judgment is effectively implemented, Party A will pay the agreed agency fee in full. 4. If Party B fails to fulfill the above commitments and Party A loses the lawsuit, Party B will not charge the agreed agency fee. 5. If Party B fails to fulfill the above commitments and Party A loses the lawsuit, Party B will not charge the agreed agency fee. 6.6. During the litigation process, Party A settles with the other party, and based on the content of the settlement, Party B has the right to require Party A to pay the contingency fee in accordance with this contract. 7. During the validity period of this agency contract, Party A shall not unilaterally terminate the contract, otherwise it will be deemed that all obligations of Party B are terminated, and Party A shall pay corresponding fees to Party B according to the amount requested in the lawsuit. 8. If Party A fails to pay Party B’s agency fee as stipulated in this contract, Party A shall bear ______ liquidated damages per day based on the agency fee payable by Party B. 9. This contract will take effect from the date of signature (seal) by both parties and will end at the end of the trial and execution of the case. 10. Any disputes arising from this contract shall be resolved through negotiation between the two parties; if the negotiation fails, the dispute shall be arbitrated by the ______ Arbitration Commission. Party A: __________________ Party B: __________________ Date: __________________ Date: __________________ Note: This contract is made in two copies, each party A and B hold one copy, which has the same legal effect. 3. Are there agency fee risks in labor dispute cases? Article 11 of the Measures for the Administration of Lawyer Service Fees: In civil cases involving property relations, if the client is informed that the government's guidance price still requires contingency agency fees, the law firm may implement contingency agency fees, except in one of the following circumstances: ( 1) Marriage and inheritance cases; (2) Requests for social insurance or minimum living security benefits; (3) Requests for social insurance benefits. Minimum living security benefits; (3) Requests for the payment of alimony, child support, support, pensions, relief funds, and work-related injury compensation; (4) Requests for the payment of labor remuneration. Article 12 of the "Measures for the Administration of Lawyer Service Charges": It is prohibited to charge contingency fees in criminal proceedings, administrative proceedings, state compensation cases, and group litigation cases. Article 13 of the "Measures for the Administration of Lawyer Service Fees": When implementing contingency agency fees, the law firm shall sign a contingency agency fee contract with the client to stipulate the risk responsibilities, fee standards, fee amounts or proportions that both parties shall bear. If risk agency charges are implemented, the maximum charge amount shall not be higher than 30% of the subject amount of the charging contract. The above is a detailed introduction to the relevant knowledge about what risk agency means. Risk agency is a special way of entrusting litigation agency, which has risks for both parties. If you have other legal questions, please come to us for consultation. A professional lawyer will answer your questions.