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This is a legal contract between the law firm and the client setting forth the terms of the legal services to be provided and how the client will be charged for the services.
As a best practice, licensees should consider using a retainer agreement or engagement letter for every matter. Confirming the essential terms of the engagement with the client in writing manages client expectations and reduces the risk of misunderstanding between the licensee and their client.
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.
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.
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 short answer is ?yes?.
Here are the sections that most retainer agreements should include and the important details covered in each section: Introduction. ... Scope of work and services. ... Retainer fee and payment terms. ... Intellectual property and confidentiality. ... Dispute resolution. ... Termination. ... Signatures.
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.