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The fee is paid to an attorney to engage their services is called?
a retainer fee
Can you get a retainer fee back from attorney if its been less than three days?
You should get back your money minus any time spent on your case.
What do you do if you think that the lawyer you hired isn't doing enough for their client Can you get your retainer fee back and get another lawyer in the state of Kentucky?
You can always discharge your attorney - he works for YOU! Unless you have signed a contract with the attorney, you may be able to get a portion of your retainer back - but it will be less whatever expenses they incurred in your defense while working on your case.
Can a creditor contact a customer that has filed bankrputcy and paid attorney retainer fee?
Yes. The customer should probably refer the creditor to the attorney, however.
Are retainers refundable?
Attorney fee retainers are typically non-refundable payments made when the attorney is first hired. Check your agreement to find the terms of your retainer.
What happens if you cannot afford a retainer fee for a crimanal attorney?
Criminal - court through legal aid will appoint one for you.
What is the journal entry to record a retainer fee?
Debit retainer fee expenseCredit cash / bank
Can an attorney charge two retainer fees?
Generally, unless the fees are excessive, attorneys are free to charge as much or as little as they want, and do so with whatever fee schedule they want. If the client does not like the billing method, they can hire a different attorney. It is common for attorneys to charge a set retainer that they bill against. Once that retainer has been used, they would then ask that the retainer be replenished.
What are retainer fees?
A retainer fee can form part of an employment contract. The easiest explanation is by example.... an actor is contracted from January to July and then again from September to December on separate contracts ... the period between July and September would ordinarily go unpaid, however, to make the job offer more attractice the employer might offer a reduced fee for this period to attract the best possible candidate for the job...the period in which the reduced fee is paid is referred to as a retainer fee and commonly, the employee will not be required to work in this period, however, the employer will probably want to retain the right to call upon the employee if needed.
If you are a current client do you have to pay your attorney a retainer for new work?
If your current retainer does not have suffiecient credit remaining, the attorney may ask for an additional retainer
How much would a Income Tax Attorneys cost?
Income tax attorney fees vary. Some attorneys will charge a flat rate for a specific service, for example an attorney may charge a fee of 5% of your debt. However, it is more common for attorneys to charge an hourly fee on top of requiring a retainer. On average, one should expect to pay a retainer of $1000-$2000 and an hourly fee of $200-$250.
What is an annual retainer fee?
An annual retainer fee is a flat fee that a client pays in advance to retain the services of a professional, such as a lawyer or consultant, for a specified period of time. This fee ensures priority service and availability throughout the year.
