- Bill 178 An Act to amend the Solicitors Act
to permit and to regulate contingency fee agreements was
introduced in September 2002. This Bill replaced Bill 25 of the
same name, which had been introduced in May 2002.
- On December 9, 2002, Bill 213, the Justice
Statute Law Amendment Act, 2002, received Royal Assent,
following unanimous passage in the Legislature.
- Schedule A amends the Solicitors Act
to provide a regulatory framework for contingency fee
agreements, and includes the following regulatory
controls:
-
- Requires all contingency fee agreements to be made in
writing;
- Prohibits contingency fees in criminal, quasi-criminal
and family law matters;
- Precludes lawyers from collecting both the
pre-determined contingency fee and legal costs paid by
another party, unless approved by a judge;
- Allows client to collect full payment for an award of
costs, even if it exceeds the amount payable under a
contingency fee agreement, if the award is used to pay the
client's solicitor;
- Authorizes the Lieutenant Governor in Council to "make
regulations governing contingency fees", including
prescribing a maximum percentage that can be charged as a
contingency fee; and
- Allows the courts to review contingency fee contracts
and to endorse negotiated fees above the prescribed
standards where it is fair to do so.
- The amendments have not yet been
proclaimed.
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