What is a retainer fee?
A retainer fee is a prepayment of attorney fees prior to an attorney commencing work on your case. Our firm typically bills hourly against the retainer fee paid by the client and submits invoices on a regular (ie: monthly) basis to the client itemizing the hours spent on the client’s case, the retainer received by the firm, and the amount paid from the retainer to cover the attorney’s fees incurred.
A retainer fee is a prepayment of attorney fees prior to an attorney commencing work on your case. Most attorneys bill hourly against the retainer fee paid by the client and submit invoices on a regular (ie: monthly) basis to the client itemizing the hours spent on the client’s case, the retainer received by the firm, and the amount paid from the retainer to cover the attorney’s fees incurred.
Related Questions
- On a flat-fee retainer with the entire fee held in trust, can the law firm render a statement of account for the entire quoted fee although only partial services have been performed?
- Are there out-of-pocket expenses not included in the monthly retainer fee?
- How much is the retainer fee and when is final payment due?
