(1) If a costs agreement involves an uplift fee, the law practice must, before entering the agreement, disclose to the client in writing:
(a) the practice's usual fees; and
(b) the uplift fee or basis of the calculation of the uplift fee; and
(c) reasons why the uplift fee is warranted.
(2) A law practice is not required to make a disclosure under subsection (1) to a sophisticated client.