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Are nonrefundable retainer fees and flat fees addressed by the new rule?

April 26, 2017addressed fees flat nonrefundable retainer rule

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Are nonrefundable retainer fees and flat fees addressed by the new rule?

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The new rule does not address these different types of fee arrangements. This issue was specifically not addressed as changes to the trust account rule were drafted. This topic is addressed in SCR 20:1.5, the Supreme Court Rule regarding lawyer fees.