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A retainer fee basically "retains" the lawyer's services. You should discuss exactly how your prospective attorney handles the retainer fee before giving them any money, because there are a couple of different ways of handling retainer fees.

It may be a fee the lawyer charges in order to be available (which may mean that they have to turn down other clients; since doing so represents a loss of business for them, it's reasonable for them to expect to be compensated for this), or it may be a kind of "down payment" on future services. In either case, it's not an "all-you-can-sue" plan, you'll still have to pay for the actual services rendered.

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βˆ™ 12y ago
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βˆ™ 10y ago

It is essentially a deposit against services rendered. The attorney will provide a detailed billing statement, normally monthly.

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Q: What is lawyer's retainer fee means?
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