what is a cfa agreement
Conditional Fee Agreements (CFAs) and Damages Based Agreements (DBAs) offer an alternative way to fund commercial claims and litigation.What is a conditional fee arrangement (CFA)?A CFA is an agreement whereby a solicitor and a client can agree to share the risk of the litigation by coming to a financial arrangement whereby part or sometimes all of the solicitorsâ fees will only be payable by the client in the event of success.or CFAs and DBAs entered into after 31 March 2013 no notice is required to be given to an opponent, save for CFAs in respect of insolvency cases, publication and privacy (defamation) cases and mesothelioma cases, where the CFA includes a success fee.