why would my employer retain a lawyer

As a corollary, by retaining external legal counsel, employers obtain a degree of separation from the conclusion(s) reached and as such, unions or employees should be less inclined to allege bias or bad faith. Avoiding Conflicts- Employers often have pre-existing legal counsel they have grown to trust.

Full Answer

Do I need to retain a lawyer?

But before you become a client of that lawyer, you must first retain them. Unfortunately, retaining a lawyer is not always straightforward. The process involves checking whether the lawyer can take your case and defining the circumstances of your working relationship.

What does it mean when a lawyer is retained?

When a lawyer is "retained," that means that someone has hired her, and the money paid to the attorney is known as the retainer. The agreement signed when someone hires an attorney is called the retainer agreement.

What can a lawyer on retainer do for You?

These attorneys can handle most routine legal matters, such as wills and real estate transactions, as well as certain law suits. Paying another lawyer on retainer when you already have one through your employer usually does not make financial sense. Finally, don't be confused by the terms " retainer " or "retainer agreement."

What makes a good employment lawyer?

Experience – Lawyers (and particularly those who practice in the field of labour and employment) have extensive experience with weighing evidence, assessing credibility, and reaching defensible conclusions, all within the context of the current state of the law.

What does it mean for a lawyer to be retained?

Finally, don't be confused by the terms "retainer" or "retainer agreement." Generally, these are not the same as having a lawyer "on retainer." 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 ...

What does it mean when someone is on retainer?

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.

Is a retainer a contract?

A retainer agreement is a long-term work-for-hire contract between a company and a client that retains ongoing services from you (as a consulting business) and provides you with a stable amount of payments.

How long is a lawyer retainer good for?

A lawyer cannot claim the retainer fee until they have completed work and provided an invoice to the client. The retainer is still the possession of the client until used for legitimate expenses as detailed in the retainer agreement. The amount in the trust account will not expire.

Is a retainer the same as a salary?

A retainer fee is an amount of money paid upfront to secure the services of a consultant, freelancer, lawyer, or other professional. A retainer fee is most commonly paid to individual third parties that have been engaged by the payer to perform a specific action on their behalf.

Is a retainer fee refundable?

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.

How do retainer contracts work?

A retainer agreement is a contract wherein a client pays another professional in advance for work to be specified at a later point in time. In exchange, that professional agrees to make himself available to that client for a certain number of hours within a predetermined timeframe.

How much should a retainer be?

The replacement cost of your retainer depends on the type of retainer you chose to begin with, but the average costs of replacing different types of retainers: Hawley retainers: $150 to $300. Clear plastic retainers: $100 to $250. Permanent retainers: $250 to $500.