We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
Read more
Accept

Contract to Employ Law Firm - Hourly Fee - with Retainer

Category:
Employment - Agreements - Law Firms
State:
Multi-State
Control #:
US-01959BG
Format:
Word
Instant download
Buy now

Description

Attorney's fees are assessed in a number of ways, usually set by contract in advance of the representation, including by billable hours, flat fees, or contingent fees. Attorneys who voluntarily accept work on behalf of indigent clients often work pro bono. An upfront fee paid to a lawyer is called a retainer. A contingent fee is a percentage of the monetary judgment or settlement.


The range of fees charged by lawyers varies widely from one city to the next. Most large law firms in the United States bill between $200 and $500 per hour for their lawyers' time, though fees charged by smaller firms are much lower. The rate varies tremendously by location as well as the specific area of law practiced.

Free preview
  • Form preview
  • Form preview

Related forms

form-preview
Buyer's Request for Accounting from Seller under Contract for Deed

Buyer's Request for Accounting from Seller under Contract for Deed

View this form
form-preview
Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed

Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed

View this form
form-preview
General Notice of Default for Contract for Deed

General Notice of Default for Contract for Deed

View this form
form-preview
Seller's Disclosure of Forfeiture Rights for Contract for Deed

Seller's Disclosure of Forfeiture Rights for Contract for Deed

View this form
form-preview
Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract

Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract

View this form

Viewed forms

form-preview
Sample Letter for Department Chair Approva...

Sample Letter for Department Chair Approval of Thesis

View this form
form-preview
Employee Lease Agreement

Employee Lease Agreement

View this form
form-preview
Utah New State Resident Package

Utah New State Resident Package

View this form
form-preview
Grant Deed from Husband to Himself and Wife

Grant Deed from Husband to Himself and Wife

View this form
form-preview
3.3 Communication with Court

3.3 Communication with Court

View this form
form-preview
Assessment Fee Notice of Homeowner's Assoc...

Assessment Fee Notice of Homeowner's Association

View this form
Fighting Discrimination

Fighting Discrimination

View this form
form-preview
Assignment of Business Merchandise, Equipm...

Assignment of Business Merchandise, Equipment, Furniture, Fixtures, Accounts Receivable and Goodwill

View this form

How to fill out Contract To Employ Law Firm - Hourly Fee - With Retainer?

Aren't you sick and tired of choosing from hundreds of samples each time you need to create a Contract to Employ Law Firm - Hourly Fee - with Retainer? US Legal Forms eliminates the lost time numerous Americans spend searching the internet for perfect tax and legal forms. Our professional team of lawyers is constantly upgrading the state-specific Samples catalogue, so it always has the appropriate documents for your situation.

If you’re a US Legal Forms subscriber, just log in to your account and click on the Download button. After that, the form can be found in the My Forms tab.

Users who don't have a subscription should complete easy actions before having the capability to get access to their Contract to Employ Law Firm - Hourly Fee - with Retainer:

  1. Utilize the Preview function and read the form description (if available) to make certain that it’s the right document for what you’re looking for.
  2. Pay attention to the applicability of the sample, meaning make sure it's the appropriate template for the state and situation.
  3. Make use of the Search field at the top of the site if you have to look for another document.
  4. Click Buy Now and select an ideal pricing plan.
  5. Create an account and pay for the service using a credit card or a PayPal.
  6. Download your template in a convenient format to complete, print, and sign the document.

After you have followed the step-by-step guidelines above, you'll always have the capacity to sign in and download whatever document you will need for whatever state you need it in. With US Legal Forms, completing Contract to Employ Law Firm - Hourly Fee - with Retainer samples or other official documents is not hard. Begin now, and don't forget to look at the samples with certified lawyers!

Form popularity

FAQ

Accounting for a Retainer Fee If the firm is using the accrual basis of accounting, retainers are recognized as a liability upon receipt of the cash, and are recognized as revenue only after the associated work has been performed.

A retainer fee is an advance payment that's made by a client to a professional, and it is considered a down payment on the future services rendered by that professional. Regardless of occupation, the retainer fee funds the initial expenses of the working relationship.

In a definitive sense, a retainer is a fee that is paid in advance in order to hold services (ie. a wedding or event date). While a deposit may also reserve a date, it is returned when the services have been completed. A retainer is by default non-refundable and is not returned.

Accounting for a Retainer Fee If the firm is using the accrual basis of accounting, retainers are recognized as a liability upon receipt of the cash, and are recognized as revenue only after the associated work has been performed.

Generally, if the attorney is on a cash basis of accounting, the retainer is taxable when received. The client is normally given a periodic accounting of the time and costs spent on the case. If the prepaid funds are exhausted, the client is billed for any balance due.

A retainer is a fee paid to a person (usually a lawyer) before any services have been performed.This document typically includes the type of work the attorney is doing for the client, all associated fees, and the general rights of both parties entering into the agreement.

An attorney may accept a credit card as a form of payment for a retainer, but the entire fee must be put onto the account. Using a credit card may be a good option if the interest on the card is low. A credit card may be easier to pay back than a personal loan.

The amount you're to receive each month. The date you're to be paid by. Any invoicing procedures you're expected to follow. Exactly how much work and what type of work you expect to do. When your client needs to let you know about the month's work by.

As such, a retainer agreement is a formal document outlining the relationship between an attorney and client. It details the different obligations and expectations involved, which can include ethical work principles, retainer fees, modes of communication, and professional ground rules.

Contract to Employ Law Firm - Hourly Fee - with Retainer Related Searches

  • Attorney retainer agreement
  • Law firm retainer agreement
  • Retainer Agreement form
  • Attorney contract sample
  • Retainer agreement
  • Retainer fee
  • Retainer fee 뜻
  • Law firm fee structure

Trusted and secure by over 3 million people of the world’s leading companies

Contract to Employ Law Firm - Hourly Fee - with Retainer
Buy now