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It is common for a person seeking the services of a lawyer (attorney) to pay a retainer ("retainer fee") to the lawyer, to see a case through to its conclusion. [2] 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]
Concierge medicine, also known as retainer medicine, is a relationship between a patient and a primary care physician in which the patient pays an annual fee or retainer. In exchange for the retainer, doctors agree to provide enhanced care, including commitments to ensure adequate time and availability for each patient.
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.
A retainer could cost anywhere from $6,000 to $11,000, according to a 2023 report by Advisory HQ. You could also consider working with a financial adviser who charges a fee on a per-hour or ...
Retainer fee. Around $6,000 to $11,000 per year, depending on the complexity of your finances. ... Commission-based fee. A percentage or flat fee per trade that your advisor brokers — between $8 ...
Retainer sacrifice, the sacrifice of a human servant; Retainer medicine, a relationship between a patient and a primary care physician in which the patient pays an annual fee or retainer; Retention (disambiguation) All pages with titles beginning with Retainer ; All pages with titles containing Retainer
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.
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]
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