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Conditional Fee Agreements were introduced in Singapore through amendments to the Legal Profession Act in 2022, modernizing the legal funding landscape. These agreements enable law practices to offer fee arrangements where a portion of their fees depends on achieving specified outcomes. CFAs are particularly valuable for clients seeking access to justice without substantial upfront legal costs, while ensuring law practices can share in the success of cases they handle. The agreement must comply with strict regulatory requirements, including clear success definitions, fee calculations, and client safeguards.

1. Parties: Identification of the law practice and client

2. Background: Context of the agreement and nature of the legal proceedings

3. Definitions: Key terms including 'success', 'uplift fee', and 'base fee'

4. Scope of Legal Services: Detailed description of legal services covered by the agreement

5. Fee Structure: Base fees, success fees, and uplift calculations

6. Success Criteria: Clear definition of what constitutes 'success' triggering the uplift fee

7. Termination Provisions: Circumstances and consequences of early termination