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A retainer can be a single advance payment or a recurring (e.g. monthly) payment. Absent an agreement to the contrary, a retainer fee is refundable if the work is not performed. [3] The retainer agreement may serve as the basis of authority for a legal advocate.
Money within the retainer is often used to "buy" a certain amount of work. Some contracts provide that when the money from the retainer is gone, the fee is renegotiated. This is to be differentiated between a retainer in Commonwealth states, where a retainer is the contract that is initially signed by a client to engage a lawyer.
However, the attorney must refund any portion of the retainer or other fees paid that exceeds what the attorney has earned during the representation. The attorney must notify the client of the withdrawal prior to ceasing his work on the case, must make a reasonable effort to assist the client in obtaining new counsel, and must cooperate with ...
The checks were logged in internal records as legal expenses arising from a retainer agreement. Prosecutors allege the payments were mislabeled to conceal Cohen’s reimbursement and the ...
Retainage is generally due to the contractor or subcontractor once their work is complete. Disputes often arise regarding just when completion occurs - it could be "substantial completion", which is generally when the owner can occupy a structure and use it for its intended purpose; or more often, it could be once a punch list of work has been ...
Cohen testified at the trial in New York state criminal court in Manhattan that the reimbursement payments were falsely labeled as legal retainer fees in Trump’s family real estate company’s ...
Viator says Gatens' tour was refundable. "Oftentimes, we see traveler requests come through the wrong inbox and therefore may be overlooked," Viator spokesperson Brianna Ary said.
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