Ohio Attorney Retainer Agreement

State:
Multi-State
Control #:
US-04014
Format:
Word; 
Rich Text
Instant download

Description

Attorney Retainer Agreement: An Attorney Retainer Agreement is an initial amount paid to an attorney in order to insure he/she will be one's counselor. The attorney may seek additional funds once the retainer fee has been depleted. This form is available in both Word and Rich Text formats.
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FAQ

Hourly Rate ing to various sources, the average cost per hour of an attorney's time can vary wildly depending on the lawyer's area of specialty, level of experience, and other factors. Hourly rates in Ohio may range from $100 to $600 per hour. An hourly rate structure typically includes a retainer.

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.

It may be as low as $500 or as high as $5,000 or more. Some attorneys base retainer fees on their hourly rate multiplied by the number of hours that they anticipate your case will take. Once your attorney begins work on your case, he or she subtracts the time that he or she put into the case from your retainer.

How Much Should a Retainer Fee Be? It depends on the industry of the professional you're retaining the services of and their compensation expectations. Generally, it should be close to the professional's hourly rate multiplied by the hours they expect to work.

Fees Hourly Rate$325Average Divorce Retainer$3500Filing fees (set by each county)$300-$450Guardian aid item retainers$500-$1500Process servers$50 + each trip

Every lawyer evaluates cases and the required amount of retainer differently. But generally in the Dayton Ohio area, typical divorce retainers in cases with children start at around $5,000 plus or minus depending on the facts and complexity. Most experienced divorce lawyers charge between $250 to $350 an hour.

The most common type of ?retainer? fee is actually an advance fee deposit, usually between $500 and $5,000. These advance fee deposits are paid up front, like a down payment, and then the lawyer subtracts her hourly fees and costs. Most lawyers require advance fee deposits for most kinds of cases.

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Ohio Attorney Retainer Agreement