This document is a retainer agreement for representation in a matrimonial matter. It contains general comments on such a retainer, along with the full retainer agreement. Although the agreement reflects New York law, it should be considered for use by attorneys in virtually all states as a guide in preparing a fair arrangement between attorney and client.
Retainer Agreement
Instant download
Description Retainer Template
Free preview Sample Retainer Agreement
How to fill out What Is A Retainer Letter?
Use the most extensive legal catalogue of forms. US Legal Forms is the best platform for getting up-to-date Retainer Agreement templates. Our service offers a huge number of legal forms drafted by licensed legal professionals and grouped by state.
To get a template from US Legal Forms, users just need to sign up for a free account first. If you are already registered on our platform, log in and select the template you need and purchase it. Right after purchasing templates, users can find them in the My Forms section.
To obtain a US Legal Forms subscription on-line, follow the steps listed below:
- Find out if the Form name you’ve found is state-specific and suits your requirements.
- When the form features a Preview function, utilize it to review the sample.
- In case the template does not suit you, use the search bar to find a better one.
- PressClick Buy Now if the sample meets your needs.
- Select a pricing plan.
- Create a free account.
- Pay via PayPal or with yourr debit/bank card.
- Select a document format and download the template.
- When it’s downloaded, print it and fill it out.
Save your time and effort with our platform to find, download, and complete the Form name. Join thousands of satisfied customers who’re already using US Legal Forms!
Monthly Retainer Agreement Sample Form popularity
Retainer Fee Agreement Other Form Names
Sample Retainer Letter For Lawyers
Retainer Fee Agreement Sample
What Is A Retainer Agreement In Law
Retainer Agreement
Retainership Agreement Sample
Contract Matrimonial Model
Lawyer Retainer Agreement Sample
Retainer Letter Sample FAQ
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.
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.
By asking you to sign a retainer agreement at the initial meeting, the law firm wants to lock you up, exclusively, such that you are no longer able to speak with any other lawyer or law firm about your case.You are not required to stay with your lawyer simply because you signed a retainer agreement.
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.
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.
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 amount of money paid in advance by a client to assure your services will be available to them for an extended amount of time. The client pays a lump sum upfront, or makes a recurring monthly payment, and you work with them on a long-term project, or provide them with access to services each month.
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.
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.