A retainer agreement is a work-for-hire contract. It falls between a one-off contract and permanent employment, which may be full-time or part-time. Its distinguishing feature is that the client or customer pays in advance for professional work to be specified later. The purpose of a retainer fee is to ensure that the … See more It is common for a person seeking the services of a lawyer (attorney) to pay a retainer ("retainer fee") to the lawyer, to see a case through to its conclusion. A retainer can be a single advance payment or a recurring (e.g. … See more • Contingent fee • Legal expenses insurance See more WebMar 14, 2024 · A general retainer is a specific type of lawyer retainer that is not considered a deposit for legal services or prepayment of legal services. Instead, when you pay this kind …
Retain Definition & Meaning - Merriam-Webster
WebFeb 6, 2024 · A retainer is defined as a fee that a client pays upfront to an attorney before working for the client. A retainer fee helps secure the services of the attorney and shows … http://www.jacksonandwilson.com/documents/retainer-agreement-contingency.pdf is barry a girl name
retainer Wex US Law LII / Legal Information Institute
WebRetainership: Retainership is a type of retainer paid by companies and firms as an alternative to long-term contracts. A retainership fee, also known as a retainer for short, is … WebA retainer fee is an advance payment or down payment made either monthly or quarterly or semi-annually, or annually for procuring future services or confirming future benefits from an individual or, in some cases, from any … WebLicensees are encouraged to confirm the essential terms of a retainer or engagement in writing in whatever way is most practical. For example, licensees can provide the client … is barry a common name