(1) If a costs
agreement involves an uplift fee, the law practice must, before entering into
the agreement, disclose to the client in writing —
(a) the
law practice’s legal costs; and
(b) the
uplift fee (or the basis for the calculation of the uplift fee); and
(c) the
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.