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Damages-based agreement
Practical Law UK Glossary 7-525-4314
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Glossary
Damages-based agreement
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An agreement between a representative and a client, whereby the representative's agreed fee is contingent on the success of the case and is determined as a percentage of the compensation received by the client.
For further guidance, see
Practice note, Damages-based agreements in civil litigation (other than employment tribunal matters): overview
.
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Funding Litigation
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7-525-4314
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