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RETAINER AGREEMENT vs. RETAINER. While the ?retainer agreement? is a binding document outlining the responsibilities and commitments of the client and the attorney, the ?retainer? is a lump sum that the client agrees to pay to the attorney for the services agreed upon in the retainer agreement.
Typically, agency retainers are long-term contracts that can last anywhere from six months to many years. In most cases, the client is billed in advance by the agency for its services on a monthly or quarterly basis.
The short answer is ?yes?.
The steps often are: Review the Retainer Agreement. ... Hire a New Attorney. ... Send a Termination Letter to Fire an Attorney. ... Finalize the Arrangement Regarding the Transfer of Files. ... Inform the Court.
Whether you're on the client side or the contractor side of a retainer, be sure to review that document carefully before agreeing to its terms. A retainer is a legally binding contract, and violating it could have serious consequences.
You may have signed a retainer agreement or a contract with an attorney, believing that he or she was the best choice, only to have communication break down or decide that you are simply not happy with your representation. Fortunately, California law permits you to terminate your contract for legal representation.
Most frequently, the client agrees to a security or an advanced payment retainer where payment for services is drawn from the monies held in trust. Here's the kicker?only the true retainer is non-refundable. Unearned funds from either a security or advanced payment retainer must be refunded at the end of the work.