Oregon Attorney Retainer Agreement

State:
Multi-State
Control #:
US-04014
Format:
Word; 
Rich Text
Instant download

Description

Attorney Retainer Agreement: An Attorney Retainer Agreement is an initial amount paid to an attorney in order to insure he/she will be one's counselor. The attorney may seek additional funds once the retainer fee has been depleted. This form is available in both Word and Rich Text formats.
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How to fill out Attorney Retainer Agreement?

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FAQ

Whether you're on the client side or the contractor side of a retainer, be sure to review that document carefully before agreeing to its terms. A retainer is a legally binding contract, and violating it could have serious consequences.

However, they also come with potential disadvantages, including limited client flexibility and the risk of complacency. To make the most of retainer agreements, both consultants and clients should understand the terms, scope of work, and pricing structure clearly.

You may have signed a retainer agreement or a contract with an attorney, believing that he or she was the best choice, only to have communication break down or decide that you are simply not happy with your representation. Fortunately, California law permits you to terminate your contract for legal representation.

The basic structure of retainer agreements is the same though: Agency agrees to provide a service(s) or a number of hours their client needs each month. In turn, the client agrees to the retainer payment that they'd pay in exchange for the agency reserving its time/service for them.

This is a legal contract between the law firm and the client setting forth the terms of the legal services to be provided and how the client will be charged for the services.

A retainer agreement is usually followed by a retainer fee, which is a particular amount of money that a client pays in advance to the service provider in order to secure their services. This ensures that the service provider will be available for the client for a pre-decided number of hours.

The retainer should list all the legal services that the lawyer will provide; Ask the attorney to specifically outline their fees; Never sign a fee agreement that favors the attorney's interests over your own; and. Avoid an attorney that pressures you into signing the retainer agreement quickly.

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Oregon Attorney Retainer Agreement