This document is a retainer agreement for representation in a matrimonial matter. It contains general comments on such a retainer, along with the full retainer agreement. Although the agreement reflects New York law, it should be considered for use by attorneys in virtually all states as a guide in preparing a fair arrangement between attorney and client.
Sample Retainer Agreement For Legal Services
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Retainer fees are often based on the rates you would charge under other payment models. For instance, if you charge $100 per hour for your services and typically work 40 hours per week for clients, you would likely look to charge a $4,000 monthly retainer.
Retainer agreements should:Always be in writing.Contain a statement that the firm has conducted a search for conflicts of interest and either (1) there are no conflicts, or (2) appropriate parties, including the client, have been advised of potential conflicts and waived them.Define the scope of the engagement.More items...
How to Sell Your Clients on a Monthly RetainerGet your foot in the door first. As with any new relationship, you don't want to move too fast with a new client before you get to know each other.Sell value, not hourly.Keep your contracts clear and tight.Prove why you're worth it.Report on progress.
Make sure all the following details make it into your retainer contract:The amount you're to receive each month.The date you're to be paid by.Any invoicing procedures you're expected to follow.Exactly how much work and what type of work you expect to do.When your client needs to let you know about the month's work by.More items...
How to Write a Retainer AgreementStep 1 Acquire Your Copy Of The Retainer Template From This Page.Step 2 Introduce This Retainer, The Service Provider, And The Client.Step 3 Define When Service Must Begin And When It Must Terminate.Step 4 Document The Pay Rate Or Manner Of Compensation.More items...
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Client under this agreement. 10. Retainer Agreements are not mandatory; however they will help make clear the terms under which a service provider is contracted.The attorney's fee is based upon the amount of time I devote to your case. Attorney client fee agreements which the Board of Trustees has approved.