Colorado Retainer Agreement

Category:
State:
Multi-State
Control #:
US-APP1B
Format:
Word; 
PDF; 
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Description

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.

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FAQ

A retainer fee describes a type of payment sent to a contractor or freelancer. When a client and contractor enter a retainer contract, this means that the client has ongoing access to the contractor's time and skills ing to the contractual terms.

A true retainer is a fee that a client pays to a lawyer to ensure the lawyer's availability to the client during a specified period or on a specified matter, but not to any extent as compensation for legal services performed or to be performed.

In this setup, a client pays upfront to "reserve" access to an attorney's services. This fee is deposited into a trust account and remains there until the lawyer has earned it. If there are still available retainer funds after the work has been completed, the remaining balance is returned to the client.

A retainer fee is an amount of money paid upfront to secure the services of a consultant, freelancer, lawyer, or other professional. A retainer fee is most commonly paid to third parties that the payer has engaged to perform a specific action on their behalf.

Most retainer agreements provide that you can discontinue the work, but that you will be billed for any hours already worked on your case. You should review the written agreement to see what the terms are, and then discuss the situation with your attorney.

A retainer fee is an upfront fee paid by a client for the professional services of an advisor, consultant, lawyer, freelancer, etc. The fee is commonly associated with attorneys who are hired to provide legal services.

?Fee agreement? as used throughout the opinion is the generic term for the various types of written contracts between lawyers and clients detailing the terms of representation, also referred to as engagement letters and retention, representation, or retainer agreements.

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Colorado Retainer Agreement