Equity Agreement Sample With Retainer In Queens
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A servant who has usually been with the same family for a long time: old retainer He lives with a faithful old retainer in three rooms of the enormous house. SMART Vocabulary: related words and phrases. People who serve other people.
Retainer agreements (also referred to as representation agreements) are a type of compensation agreement with lawyers either for reserving their employment or as compensation for future services. Also inside the agreement are details on the scope and procedure for the representation.
Traditional (Hawley) retainers have a piece of wire attached to plastic (or acrylic). Clear retainers (Essix) are also plastic but don't have any wires. Both are custom-made to fit your teeth.
Retainer agreements (also referred to as representation agreements) are a type of compensation agreement with lawyers either for reserving their employment or as compensation for future services. Also inside the agreement are details on the scope and procedure for the representation.
Here's my advice: Pitch only to existing clients or clients you know well. Never pitch a retainer agreement to someone you've never worked with before. Present the retainer as a way to get “front of the line” status. Highlight the benefit of predictable budgeting. Include a small discount (maybe)
You are under no legal obligation to sign a confes- sion of judgment or promissory note, or to agree to a lien or mortgage on your home to cover legal fees. Your attorney's written retainer agreement must specify whether, and under what circumstances, such security may be requested.
The retainer agreement does not bind you to your lawyer. You can terminate the client-attorney relationship at any time.
The details of the agreement should be communicated to the client, in writing, when the lawyer has not regularly represented the client. These details include the scope of the representation and the expenses for which the client is responsible. Otherwise, having communication in written form is merely “preferable.”
A retainer need not be in writing, although it is in both your and the lawyer's interests if the essential terms are in writing. This may be part of a costs agreement. Under a retainer, the lawyer agrees to use all the relevant information to further your interests.
