What is a retainer and why is one needed?
A retainer is a fee paid in advance to a lawyer to secure her services. It acts as a down payment, ensuring that the lawyer’s fees will be paid and that the client will be represented. Before a client can retain counsel, a retainer is required. Usual retainer fees vary from $1000 to $5000, and are determined by the type of counsel needed. Unused funds are returned to the client after a settlement is reached in their case. Yates, Matthews & Eaton, P.C.’s clients are billed by the hour – our attorney and paralegal rates vary. We are happy to quote you these rates over the phone.
