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Mr Carlisle - good morning.

The current Code of Conduct for costs lawyers in force from the 24th of March 2014 provides at 3.6 thereof:-

'You must not accept client money save for disbursements and payment for your proper professional fees'

Given this prohibition, please confirm the term(s) of the retainer between your company and the lay client does not allow for a 25% deduction in the recovered damages.

Many thanks

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