Disclose a Victorian disbursement funding arrangement with the costs agreement
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the facility the lawyer marks, draft the disclosure of who advances the disbursements, the interest or premium, and that disbursements may be payable if the claim fails. Do not send it.
- What the lawyer must review
- Settle the disclosure, and any funding contract the client signs.
- State the interest or premium in the terms the lawyer marks.
- On a litigious matter, do not put that interest inside the 25 per cent uplift.
- Say if disbursements remain payable when the claim fails.
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.