What are some common misconceptions about retainer fees?
An example of an AI chatbot conversation about common misconceptions regarding retainer fees.
What are some common misconceptions about retainer fees?
Many people think retainer fees are just a way for lawyers to get paid upfront, but they actually serve several purposes.
Can you explain what those purposes are?
Sure! Retainer fees ensure that a lawyer is available for you when needed, and they also cover initial costs for services.
Do retainer fees guarantee a certain number of hours of work?
Not necessarily. Retainer fees can be for a specific amount of work or just to keep the lawyer on standby, depending on the agreement.
What happens if I don't use all the retainer fee?
If you don't use all the retainer fee, it may be refundable, or it could be applied to future services, depending on your contract.
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