Retainer Agreement Que Es

It is customary for a person who uses the services of a lawyer (lawyer) to pay a Retainer Fee to the lawyer to conduct a case until its conclusion. [2] A retainer can be a one-time deposit or a recurring payment (e.g.B. monthly). [3] In the absence of a different agreement, retainer fees may be reimbursed if the work is not performed. [3] [4] A retainer agreement is also useful for budget planning. You can estimate your short- and long-term expenses based on the terms you have agreed to and the approximate duration of your case. There are many different types of retainer agreements and fees that you can discuss with your lawyer. The best form of a re-agreement depends on the case, the parties involved, and the necessary costs and obligations.