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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.
Attorney's fee is a chiefly United States term for compensation for legal services performed by an attorney ... an up-front fee paid to a lawyer is called a retainer ...
The idea that all information imparted within a retainer is confidential is impracticable. Often, much of that information is communicated so that it can be disclosed to dispose of a matter, claim, or legal issue. Hence, where information is incidental to the conduct of a retainer, client authorisation can be generally taken as given.
Retainage is a portion of the agreed upon contract price deliberately withheld until the work is complete to assure that contractor or subcontractor will satisfy its obligations and complete a construction project. [1]
Retainer fee. Around $6,000 to $11,000 per year, depending on the complexity of your finances. Advisors often charge this in addition to an AMU percentage-based fee. ... Past legal actions.
The loser pays principle does not apply under the United States legal system unless there is a specific statute awarding fees to the prevailing party. [2] Alternatively, the contract between the parties may provide that the prevailing party is entitled to recover attorney's fees from the losing party.
NYC Mayor Adams’ defense fund in corruption case owes $735K as legal fees pile up — and donors disappear ... advance retainer payment of nearly $200,000 to Quinn Emanuel, the law firm of ...
The retainer for Chicago’s Old Post Office called for attorney fees of $10,000 per year from 2013-2015. Bhachu introduced documents related to the Jaslin Hotel in Chicago’s Chinatown neighborhood.
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