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A retainer fee can be any denomination that the attorney requests. It may be as low as $500 or as high as $5,000 or more.
The American rule for attorney fees requires each party to pay its attor- ney, win or lose; the English rule (applicable in most of the world) requires the losing party to pay the winner's reasonable attorney fees.
The American Rule is a rule in the U.S. justice system that says two opposing sides in a legal matter must pay their own attorney fees, regardless of who wins the case. The rationale of the rule is that a plaintiff should not be deterred from bringing a case to court for fear of prohibitive costs.
The American rule for attorney fees requires each party to pay its attor- ney, win or lose; the English rule (applicable in most of the world) requires the losing party to pay the winner's reasonable attorney fees.
The English Rule encourages suits by plaintiffs who simply cannot pay any fee award entered against them. For those plaintiffs, the English Rule is a one-way rule under which they recover more if they prevail than under the American Rule, without having to pay anything if they lose.