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2. Engagement letter - Wikipedia

   en.wikipedia.org/wiki/Engagement_letter

   An engagement letter defines the legal relationship (or engagement) between a professional firm (e.g., law, investment banking, consulting, advisory or accountancy firm) and its client(s). This letter states the terms and conditions of the engagement, principally addressing the scope of the engagement and the terms of compensation for the firm.

3. Retainer agreement - Wikipedia

   en.wikipedia.org/wiki/Retainer_agreement

   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]

4. Letter of intent - Wikipedia

   en.wikipedia.org/wiki/Letter_of_intent

   A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .

5. Law firm - Wikipedia

   en.wikipedia.org/wiki/Law_firm

   Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: Sole proprietorship, in which the attorney is the law firm and is responsible for all profit, loss and liability;

6. Of counsel - Wikipedia

   en.wikipedia.org/wiki/Of_counsel

   According to American Bar Association Formal Opinion 90-357, the term "of counsel" is used to describe a "close, personal, continuous, and regular relationship" between the firm and counsel lawyer. [1] In large law firms, the title generally denotes a lawyer with the experience of a partner, but who does not carry the same workload or business ...

7. AOL

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