The agreement should include the method of calculating the fee, the responsibility for expenses, the frequency of invoices and the date, as well as the method of payment. Customers should be informed not only of when they should expect to receive the invoice, but also of when payment is expected. Some things that need to be taken into account for this part of your agreement are: There are also several rules in New York`s professional conduct rules that apply to lawyers` engagement agreements. Given that the fee covers the costs of transferring services and subject to the proposed clarification of the agreement, the conservation agreement would not be contrary to New York Insurance law. (a) Effective 4 On March 1, 2002, a lawyer who agrees to represent a client and enters into an agreement on, of a client`s expenses or expenses, must make a written letter of commitment available to the client before or within a reasonable time thereafter, or within a reasonable period of time after (i) if this is not feasible or (ii) if the volume of services to be provided cannot be determined at the time of the start of the representation. The term “client” includes any organization or physical entity responsible for paying legal fees. An updated letter of commitment is made available to the customer in the event of a substantial change in the level of service or the fee to be collected. In addition to covering the work contained in the presentation, it may be advisable to list what is not included in the presentation. For example, if the agreement covers a question of law, it includes work on an appeal or is it excluded? who? Who is under the new rule? The rule applies to any lawyer who agrees to represent a client and who enters into an agreement on a client, invoices or collects a client`s fees… (Added highlight.) Thus, any representation beginning on or after March 4, 2002, in which a lawyer collects “every” tax, is subject to the requirements of the rule, unless an exception applies. what? What are the requirements of the new rule? The most important thing – and even the only condition – is that a lawyer “provides the client with a written engagement letter… What does this engagement letter have to contain? To answer this question, we must read section 1215, paragraph 1, point b): the next part of the letter must describe three different things: (a) legal fees, b) expenses and (c) accounting practices.