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The lien is good for 10 years, but the creditor can renew the judgment before it expires for another 10 years, meaning the lien will survive for a maximum of 20 years. The good news is that because of Florida's homestead protections, a judgment lien cannot attach to homestead property.
In essence, a retaining lien is a way for your former attorney to hold your file hostage until he receives payment or an assurance that he will be paid out of the settlement or award received in your case.
To impose a charging lien, four requirements must be satisfied: '(1) an express or implied contract between attorney and client; (2) an express or implied understanding for payment of attorney's fees out of the recovery; (3) either an avoidance of payment or a dispute as to the amount of fees; and (4) timely notice.
'The general or retaining lien is merely a passive right of retainer of papers or moneys reduced to possession, whereas the charg- ing lien is rather an active right, enabling the attorney to take active steps to charge the judgment or fund with his claim, and to secure the aid of the court for his pro- tection.