Kansas Attorney Retainer Agreement
Description
How to fill out Attorney Retainer Agreement?
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FAQ
The designee shall sign the principal's name to the power of attorney in the presence of a notary public, following which the document shall be acknowledged in the manner prescribed by K.S.A. 53-501 et seq., and amendments thereto, to the same extent and effect as if physically signed by the principal.
Be flexible. Be prepared to negotiate the terms of the retainer agreement. If the client is resistant to agreeing to a retainer, try offering a lower fee in exchange for a longer contract term. Or, propose a trial period to start off the relationship.
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.
The Benefits of a Retainer Arrangement The attorney has the assurance of being paid monthly or at least on a regular basis. This is particularly helpful if a client is slow in paying. The retainer arrangement is also beneficial for the client because it provides an estimated budget for legal fees.
Retainers are a type of compensation agreement with lawyers either for reserving their employment or as compensation for future services. General retainers are the traditional type of retainers where a lawyer agrees to handle a case or future issues that arise for a client.
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.
The amount of the retainer fee can vary and may be a flat fee or an hourly rate. In short, a legal retainer serves as a guarantee that the lawyer will be available to work on the client's case and provides peace of mind that the client has dedicated legal representation when they need it.
In a definitive sense, a retainer is a fee that is paid in advance in order to hold services (ie. a wedding or event date). While a deposit may also reserve a date, it is returned when the services have been completed. A retainer is by default non-refundable and is not returned.
