Conditional fee agreements entered into from 1 April 2013: an overview | Practical Law
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.