New Mexico Fee Agreement
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FAQ
1. ?Fee agreement? as used throughout the opinion is the generic term for the various types of written contracts between lawyers and clients detailing the terms of representation, also referred to as engagement letters and retention, representation, or retainer agreements.
A fee agreement is a contract between a service provider such as an attorney, recruiter, maintenance company, or stockbroker and a client.
The final agreement should include a list of services the lawyer will perform for you and the type and amount of fees you will be expected to pay. It should also include an explanation of how the other costs and expenses will be handled and billed, including interest or charges for unpaid amounts.
Draft the success fee agreement. The agreement should include the success fee rate, a description of the services to be performed, the effective date of the agreement, and the conditions under which the success fee is to be paid.
A written fee contract shall be deemed to be a confidential communication within the meaning of subdivision (e) of Section 6068 and of Section 952 of the Evidence Code.
