What Is A Retainer Agreement? By: Wayne Cohen, Lawyer & Attorney
When a client hires a lawyer, the relationship is typically memorialized in a document which is known as a "retainer agreement." In a nutshell, these documents spell out the rights and responsibilities of each party -- meaning the lawyer, and the client. Here are some things you should look for in a retainer agreement.1. Scope of Services
At our office, Cohen & Cohen, P.C., the retainer agreement sets forth what services the law firm will be handling for the client. This will include, for example, the type of case and what work is being done.
2. Fees
Fees must be identified in the retainer agreement also. Are the fees on an hourly basis? Are the fees on a contingency basis? These types of things must be clearly articulated.
3. Each State Is Different
The ethical rules surrounding a retainer agreement may be different in each state. A prospective client can typically check his/her state's ethics rules, and these most often can found online.

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