Asked by
Chase Biswell
on Nov 11, 2024
Verified
A retainer is the amount a client must pay to a lawyer over and above regular legal fees.
Retainer
An advance payment or fee paid to a professional, typically a lawyer, by a client for the professional to be available to work for the client.
Legal Fees
Monies paid for legal services rendered by attorneys or law firms, which can include hourly rates, fixed fees, or contingent fees.
- Comprehend the various billing agreements attorneys establish with clients, including those based on contingency fees.
Verified Answer
AO
Learning Objectives
- Comprehend the various billing agreements attorneys establish with clients, including those based on contingency fees.