Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is funding allowed through conditional or contingency fees and, if so, on what conditions?

0
Posted

Is funding allowed through conditional or contingency fees and, if so, on what conditions?

0

Both the Lawyers Law and the Provisional Lawyer’s Charges Measures are silent on whether conditional or contingency fees are allowed in the PRC. However, when we contacted the Ministry of Justice on this issue they declined to provide an opinion, either in favour of or in opposition to contingent fees. In practice, contingent fees are very common. As the law is silent on the issue, no limitations or conditions are imposed. However, it can be assumed that public policy would not support exorbitant contingent fee arrangements.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123