Thursday, April 30, 2015

What does it mean when a lawyer wants a retainer?

Find yourself with a lawyer that wants a retainer?

To get an idea of what a retainer is, check out this link:

https://www.law.cornell.edu/wex/retainer

lots of lawyers work on a retainer basis. They may request you give them a retainer to "retain" their services. Say they ask you to keep your retainer at $3,000. Then as they do work on your case and use up that retainer, you must pay to keep that retainer at $3,000.

Not all lawyers work on a retainer basis, but many many do. My guess is that most do.

No comments:

Post a Comment