New regulations on lawyer's risk agency fee 2022

Legal subjectivity:

The standard of legal fees for risk agents is: 1. To implement the risk agency fee, the law firm shall sign a risk agency fee contract with the client, and stipulate the risk responsibility, charging method, charging amount or proportion that both parties should bear. 2, the implementation of risk agency fees, the maximum amount of fees shall not be higher than 30% of the amount agreed in the fee contract.

Legal objectivity:

Article 13 of the Measures for the Administration of Charges for Lawyers' Services, if a risk agency charge is implemented, the law firm shall sign a risk agency charge contract with the client, and stipulate the risk responsibility, charging method, charging amount or proportion that both parties should bear. The maximum risk agency fee shall not be higher than 30% of the target amount agreed in the charging contract.