When you “retain” a lawyer, it means that you have contracted them for your legal issues. The money you then pay to them is referred to as the retainer. Having them “on retainer” means you’ll be paying them periodically over an extended duration to handle your legal issues on an ongoing basis.
Jan 04, 2022 · When you “retain” a lawyer, that simply means that you are hiring them, and the money you paid to the attorney is known as “the retainer.” The agreement signed when someone hires an attorney is called the retainer agreement. Have a Clear Representation Agreement
TO RETAIN, practice. To engage the services of an attorney or counsellor to manage a cause, at which time it is usual to give him a fee, called the retaining fee. The act by which the attorney is authorized to act in the case is called a retainer. 2. Although it is not indispensable that the retainer should be in writing, unless required by the other side, it is very expedient.
To have a lawyer on retainer means that the client pays a lawyer a small amount on a regular basis. In return, the lawyer performs some legal services whenever the client needs them. Also Know, how much does it cost to retain an attorney? A retainer fee can be any denomination that the attorney requests. It may be as low as $500 or as high as ...
1. To hold secure or intact or keep for future use or application. For example the landlord retained the security deposit; right of reacquisition was retained by the grantor etc. 2. To keep in possession or use. 3. To hire, or arrange in advance for the services of, to employ by paying a retainer. For example Mr. A retained Mr. Mason as his lawyer.
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
Contingency fees. In this case, the lawyer gets a percentage of what you receive if the case is decided in your favor. If you lose the case, your attorney gets nothing, but they may still charge for their costs. Contingency fee percentages are negotiable. Flat fee.
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.
An attorney should give you a description of their fees, preferably in writing, and some states require that lawyers put their fees in writing before taking a case. You should also see details of fees for services like copying documents, court filing fees, or research costs.
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.
State ethics rules and state bar associations have rules of professional conduct, including rules for disputes and for making sure attorneys charge reasonable fees. Check with your state's bar association for more information.
What happens if you don't pay? The attorney might charge you a service fee or interest on the overdue balance or take out a lien on your documents or other property the attorney has. In other words, you won't get your stuff back until you pay the attorney's bill in full. The agreement with your attorney should spell out the attorney's right to charge you for non-payment.
keep, retain, detain, withhold, reserve mean to hold in one's possession or under one's control. keep may suggest a holding securely in one's possession, custody, or control. keep this while I'm gone retain implies continued keeping, especially against threatened seizure or forced loss.
A landlord may retain part of your deposit if you break the lease. They insisted on retaining old customs.
Middle English reteinen, retainen, from Anglo-French retenir, reteigner, from Latin retinēre to hold back, restrain, from re- + tenēre to hold — more at thin
What made you want to look up retain? Please tell us where you read or heard it (including the quote, if possible).
in the Scots law of contract, the right for A not to pay money due to B under a contract until damages due by B to A under the same contract are ascertained. Thus, a claim for freight may be opposed by a claim for damage done to the goods in transit. In bankruptcy or liquidation, a party who is facing an illiquid claim may retain in respect ...
RETENTION, Scottish law. The right which the possessor of a movable has, of holding the same until he shall be satisfied for his claim either against such movable or the owner of it; a lien. 2. The right of retention is of two kinds, namely, special or general. 1.
General retention is the right to withhold or detain the property of another, in respect of any debt which happens to be due by the proprietor to the person who has the custody; or for a general balance of accounts arising on a particular train of employment. 2 Bell's Com. 90, 91, 5th ed. Vide Lien. A Law Dictionary, Adapted to the Constitution and ...
The basic meaning is to provide direction or instruction. The English word “law” occurs over 400 times in the Bible. Sometimes the word “law” simply refers to the entire Old Testament. For example, in John 12:34 the crowd tells Jesus that they heard in the Law that the Christ would remain forever.
Leviticus includes laws related to: various sacrifices and offerings (Leviticus 1-7), dietary laws (Leviticus 11), motherhood (Leviticus 12) and leprosy (Leviticus 13-14). There are laws about the atonement (Leviticus ...
In summary, the expression “the Law” usually refers to the Mosaic Law. Deuteronomy contains a summary of the Mosaic Law (Deuteronomy 30:10) and it was given just before the Israelites entered Canaan or the Promised Land.
This means that 1 John 3:4 refers to all of the remaining laws that Moses gave us. Most of the Mosaic covenant is gone! The message of 1 John 3:4 is that sin occurs when we violate any law, ordinance or commandment that God has given us. The purpose of the Mosaic Law was to teach us that we sin.
The “law of the Spirit of life” in Romans 8:2 refers to the gospel. For the law of the Spirit of life has set you free in Christ Jesus from the law of sin and death. Romans 8:2 (ESV) The expression “the law” can also refer to the civil law of various nations. Daniel 6:8, 12 refers to the law of the Medes and Persians.
In Acts 18:13 we are told that the proconsul of Achaia, Gallio, spoke of their own civil law regarding the worship of God. God has commanded us to obey the laws of our country (Matthew 22:21; Romans 13:1-6; 1 Peter 2:13-17). Finally, the “law of liberty” in James 1:25 is both the Old and New Testaments.
They have failed to understand that the majority of the Mosaic Law no longer applies today. Hebrews 8:10 refers to Jeremiah 31:33 as the new reality for believers. In the Old Testament and the gospels, the Mosaic Law was the standard for conduct.