A retainer fee is an advance payment that's made by a client to a professional, and it is considered a down payment on the future services rendered by that professional. Regardless of occupation, the retainer fee funds the initial expenses of the working relationship.
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.Feb 22, 2018
A retainer fee is an upfront fee paid by a client for the professional services of an advisor, consultant. Become a certified consultant, lawyer, freelancer, etc.
A retainer fee can be any denomination that the attorney requests. 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.
By definition, a retainer is a fee paid in advance used to hold goods or services. A deposit is a payment towards goods or services, usually returned once the goods or services have been acquired.
Contact your orthodontist for a visit: you may need to get the retainer adjusted or get a new retainer. If your teeth have shifted slightly due to irregular wear but your retainer still fits without too much force, go back to wearing it full-time until it becomes comfortable again.
HOURLY FEE/MINIMUM RETAINER - An agreement between the attorney and client whereby the client pays, at the beginning of the matter involved, a fixed amount which will be the minimum fee charged.
Being on retainer means that you're “on-call” for a specified number of hours each week or month. The client agrees to pay you for these hours, whether he gives you work or not. Usually, service providers offer clients a reduced hourly rate for the security offered by being on retainer.Apr 15, 2002
A monthly retainer fee is paid in advance by your clients to ensure that your services will be available to them for the period covered. Clients on a monthly retainer usually pay a recurring fee, and they usually work on long-term projects with different agencies, who are available at their beck and call.Jul 6, 2021
Plastic Removable Retainer a single piece of clear moulded plastic that goes over the teeth. Both types of removable retainers can experience wear and tear over time. Acrylic removable retainers, referred to as Hawley retainers, may last up to 10 years.
The first thing you'll ask them is how much work they anticipate over the next 3-6 months. Ask what their goals are for the next 3-6 months. Help them estimate the volume of work that will be required in order to accomplish these goals. Step 4: Suggest additional monthly services that could be of value to the client…Aug 30, 2019
A retainer is typically a non-refundable payment made as part of a session's booking confirmation (in addition to a signed contract, stating the terms of your agreement.) Your photographer asks for this in exchange for them reserving their services for your specific date—meaning they're 100% yours!Jul 9, 2021