Both types of retainers can potentially last for years if you routinely clean and avoid damaging them. On average, removable retainers tend to last for about 5-10 years, while permanent retainers can potentially last for decades. The lifespan of retainers also depends on the following factors:
A retainer for a lawyer is a payment based on a fee agreement between an attorney and a client. The retainer amount is paid upfront and is based on the attorney’s hourly rate or other agreed upon fee.
The attorney cannot claim the retainer fee until he has completed the work and invoiced the client. Any remaining retainer fee after paying the hourly attorney fees should be returned to the client.
If the case takes more work than is covered by the retainer, the attorney will bill the client for more. However, if the case takes less time than the initial estimate, the attorney will refund the client the excess amount.
Definition. A fee that the client pays upfront to an attorney before the attorney has begun work for the client.
Perhaps the most apparent benefit of establishing a retainer agreement with an attorney is having the comfort of immediate legal advice at your fingertips. If you deal with legal issues frequently, a retainer agreement keeps a close line between you and your attorney if questions arise that require immediate attention.
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.
Overview. 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.
In a “true” retainer fee arrangement, in exchange for the client's payment of an agreed-upon amount, the attorneys commit themselves to take on future legal work for the hiring client, regardless of inconvenience, other client relations, or workload constraints.
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.
For example, the attorney may project that he will spend 10 hours, at an hourly rate of $100, amounting to a $1,000 retainer fee. If in the first month, the lawyer spends four hours on the case, he will charge $400 against the $1,000 retainer fee, leaving a balance of $600.
Retainers are just a fitted piece of plastic and/or metal device that holds your teeth in place after a patient completes their treatment with braces or Invisalign. They are designed specifically for each patient in mind and works to keep teeth from shifting back to their position before receiving braces.
The retainer is a security fee deposited into the lawyer’s particular account. The client pays it and takes services from the legal adviser. A retainer is good for lawyers and does not expire until the case is not closed. A retainer is beneficial and good for a lawyer because it ensures the lawyer’s payment of his services.
A retainer is good for the lawyer. Some people think there is any date of expiry of this agreement, it is wrong. A retainer maintains the excellent relationships between client and lawyer. Some reasons are that are very good for a lawyer about a retainer.
The working of the retainer fee is very different and unique. Mostly the advocate takes wages from the customers based on hourly work. It is beneficial for both client and lawyer. According to the working hour, the client has only to pay cash to the lawyer.
A legal retainer agreement serves as a work-for-hire contract between the attorney and the client. The contract explains a period of work within which the attorney (s) will charge at a determined rate per hour. The work period may be defined or undefined.
The lawyer retainer is basically an agreement between you and the lawyer that you would like to reserve a certain amount of the lawyer’s time. This time could be used for a specific issue or, in the case of a business, it might provide you with quick access to the attorney’s time.
Compensation. The retainer is a form of compensation for use of the attorney’s reputation. In the event that the name association could resolve the matter quickly, it’s in your best interest to have the attorney available for a letter, email, or telephone call.
That depends on the wording in your legal retainer agreement. It also depends on the nature of the agreed-upon billing.
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She is supposed to keep any unearned client funds in a separate account. She is not authorized to transfer funds to her personal account until such time as they are owed. Look at the www.gabar.org web site for the ethics rules on funds. Print out a copy and send to her along with a brief note/email that you expect a prompt return call. More
She is supposed to keep any unearned client funds in a separate account. She is not authorized to transfer funds to her personal account until such time as they are owed. Look at the www.gabar.org web site for the ethics rules on funds. Print out a copy and send to her along with a brief note/email that you expect a prompt return call. More
All amounts for time and charges are taken from the retainer, and the attorney should give you an accounting of activities each month, including the amount left on the retainer.
A retainer is paid in advance, for legal services that will be rendered. When you talk to an attorney about a retainer you may discuss one of three different types: General retainers are fees for a specific period of time, not a specific project.
Attorneys are legally and ethically obligated to deposit your retainer fee in special trust accounts, not in their business accounts. An attorney will then transfer funds from that account into her business account periodically as the case progresses—usually on a monthly basis.
Attorneys set their fees based on a number of factors, including the amount of work the attorney will need to do for your case and the complexity of the case. Some factors that determine the amount of the fees are: 1 The billing rates for each level of professional working for your business, based on each person's experience, specialty area, and their level (partner, associate, paralegal, for example) 2 Novelty and complexity of the issues 3 The difficulty of problems encountered 4 The extent of the responsibility involved 5 The result achieved, and 6 The efficiency of the work, and customary fees for similar legal services. 1 
For example, you may want an employment attorney on retainer to help you deal with issues that come up with employees. A retaining fee is a deposit or lump-sum you pay in advance.
The retainer arrangement is also beneficial for the client because it provides an estimated budget for legal fees.
A retaining fee is a deposit or lump-sum you pay in advance. The attorney must (by law) deposit that money in a trust account to draw from as work is done. If there is money left in the trust account at the end of the project, you get that back.
The retainer is usually a fixed amount that the client commits to pay the attorney on a monthly basis in exchange for the opportunity to engage him in the future when legal issues come up.
The earned retainer fee is paid every month until the case is closed. Sometimes, the lawyer may be paid according to the milestones he has completed, for example, 25% after the pre-trial process, 60% after the hearing, and 100% when the case is determined and closed.
An unearned retainer fee refers to the amount of money deposited in a retainer account before the commencement of work. The amount serves as a guarantee by the client to pay the attorney upon completion of the agreed work. The attorney cannot claim the retainer fee until he has completed the work and invoiced the client.
After the retainer fee is depleted, the attorney may bill the client in several ways. The first option is to enter into a contingency fee agreement with the client. A contingency fee agreement provides that the lawyer does not get paid unless he wins the case. If the case ends in favor of the client, the attorney takes a percentage ...
Also, the retainer fee aims to protect the attorney from unforeseen circumstances in the future that can prevent clients from meeting their obligations.
Once the payer and receiver have agreed on the work to be performed, the fee is sometimes deposited in a different account than the account of the receiver to ensure that the funds are not used for other purposes.
Once the agreement is terminated, the client may claim the balance of the retainer fee after paying the attorney an amount equivalent to the number of hours worked.
Both types of retainers can potentially last for years if you routinely clean and avoid damaging them. On average , removable retainers tend to last for about 5-10 years, while permanent retainers can potentially last for decades. The lifespan of retainers also depends on the following factors: The amount of stress.
Here are some tips for caring for your retainers: Brush and floss around your fixed retainer. The wire can accumulate food and plaque just like braces, so oral hygiene is important. You will also want to keep up with your regular dental appointments, so your dentist can ensure the area is clean and cavity -free.
Retainers are prescribed to protect the results of orthodontic treatment. The longevity of your retainers depends largely on the type that you opt for. The two main types of retainers are removable acrylic ones and fixed permanent ones. The lifespan of each depends on how well you take care of your mouth and the retainer.
Not wearing your retainer even for a few nights, will result in your teeth shifting. It is important to get a new one to maintain your smile. The easiest way to ensure your smile stays straight is to think ahead and always have a spare set on hand, especially when you are not using permanent retainers.
Never place it on a napkin or tissue because it can get thrown away. Pets love retainers, so it is best to store them in their case when you take them out to brush and floss. The last thing you want is your dog damaging it. Remove your retainer before eating and drinking anything aside from plain water.
Don’t store clear retainers in hot vehicles or drink hot drinks with them in your mouth. The heat can warp the retainer, which will affect the fit and could potentially result in your teeth shifting. If you lose a retainer, call the doctor’s office right away to have it replaced.
Our Bar here in NH has a wonderful fee dispute resolution program you could contact. They help resolves matters like this all the time.
The lawyer should have a handle on how much of your relative's money is in his Trust Account at any given time but there is a possible time drag problem. Here's an example: I bill on the tenth of every month. I pay my bills on the twentieth of every month. You fire me on the 21st of November.
Your attorney should provide you with an explanation of whatever fees he is charging and provide a refund for any money not yet used. Review your fee agreement as far as your rights to a refund.