A retainer for a lawyer is an advance payment made to secure the lawyer's services, often covering initial fees and ensuring the lawyer's availability for your legal needs. It generally acts as a deposit, with funds drawn down as the lawyer performs work. Before you hire an attorney for y...
What Is a Retainer Fee? A retainer fee is a type of legal fee that a prospective client pays in order to secure the services of an attorney. Retainer fees are most often paid before a prospective client is considered to have legally retained the services of an attorney. In other words, ...
What is a retainer agreement? It's a legal contract between a client and a professional. Explore why they might be a good solution for your business.
vocabulary. In some cases, it may be wise to seek the advice of anattorneyand allow him to read through a complicated retainer agreement. If, however, the contract is provided for the purpose of obtaining legal services, the individual can simply ask for more detailed explanations of its ...
A service retainer is an advance payment for expected services. It is commonly used in the legal arena when you hire an attorney. When you agree to pay a service retainer, you place the provider of the service on retainer. Your provider will draw up a service retainer agreement or an enga...
The idea for an evergreen retainer is to ensure the case costs are always paid ahead of time. This process benefits both the client and the attorney (or another service provider) because it acts as a safety net of sorts—since the retainer is never depleted. ...
Retainer.A retainer is a down payment on expenses and fees.2 How Retainers Work A retainer is paid in advance, for legal services that will be rendered. When you talk to an attorney about a retainer you may discuss one of three different types: ...
To keep up (a joke or assumed role, for example) competently. Retain To hire (an attorney, for example) by the payment of a fee. Sustain To supply with necessities or nourishment; provide for The income needed to sustain a family. Retain To hire a person for (that person's services)...
An incorporator is required to form a legal corporation, but you don't need to hire someone special for the job. If you own a small business, you can also act as incorporator if you wish. On the other hand, you may wish to hire an attorney or other expert to serve as the incorpor...
The attorney can be present at the closing to represent the buyer's (or the seller's) interests. Real estate law is a matter for state and local jurisdictions. Real Estate Attorneys: An Overview A real estate attorney is a lawyer who is licensed to practice real estate law. As such, th...