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  2. Retainer agreement - Wikipedia

    en.wikipedia.org/wiki/Retainer_agreement

    A retainer agreement is a work-for-hire contract. It falls between a one-off contract and permanent employment, which may be full-time or part-time. [1] Its distinguishing feature is that the client or customer pays in advance for professional work to be specified later. The purpose of a retainer fee is to ensure that the employed reserves time ...

  3. Personal injury lawyer - Wikipedia

    en.wikipedia.org/wiki/Personal_injury_lawyer

    For example, a retainer agreement might provide that a lawyer will receive a 33 and 1/3% contingency fee if a case settles before a lawsuit is filed, a 40% contingency fee if the case settles after the lawsuit is filed, or up to 45% if the lawsuit goes to trial.

  4. Interest on Lawyers' Trust Accounts - Wikipedia

    en.wikipedia.org/wiki/Interest_on_Lawyers'_Trust...

    Attorneys routinely receive client funds (commonly referred to as "trust money") to be held in trust for future use. If the amount is large or the funds are to be held for a long period of time, the attorney customarily places these funds in an interest-bearing account for the benefit of the client. However, in the case of amounts that are ...

  5. Attorney's fee - Wikipedia

    en.wikipedia.org/wiki/Attorney's_fee

    Attorney fees are negotiated between the attorney and client, subject to any limits imposed by state law and the general principle that an attorney fee must be reasonable. Although fee agreements in most cases can be oral agreements, it is good practice for lawyers to enter formal written fee agreements with their clients, and to clearly ...

  6. Duty of confidentiality - Wikipedia

    en.wikipedia.org/wiki/Duty_of_confidentiality

    The authorization does not necessarily have to be explicit. It can be inferred from the terms or nature of the retainer agreement. 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.

  7. Attorneys in the United States - Wikipedia

    en.wikipedia.org/wiki/Attorneys_in_the_United_States

    An attorney at law (or counsellor-at-law) in the United States is a practitioner in a court of law who is legally qualified to prosecute and defend actions in court on the retainer of clients. [1] As of January 1, 2023, there were 1,331,290 active lawyers in the United States. [ 2 ]

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