What should I know about legal retainers?
Legal retainers are agreements where a client pays a lawyer in advance for services. They can vary in terms and conditions.
What are the key components of a retainer agreement?
Key components include the scope of services, payment terms, duration, and termination clauses.
Are there any risks associated with retainers?
Yes, risks include potential misunderstandings about services covered and the possibility of unused funds.
How can I ensure my retainer agreement is fair?
To ensure fairness, clearly outline expectations, review the terms with your lawyer, and consider seeking a second opinion.
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