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What Is a Retainer Fee? It Means Two Different Things

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About What Is a Retainer Fee? It Means Two Different Things

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What is a retainer fee, and do you get it back? The answer depends entirely on which kind you paid — and the word covers two different arrangements. One is a deposit that hourly work is billed against. The unused balance comes back to you. The other is a fee paid to keep an attorney available. That one is not a deposit against future work. Before signing, ask which meaning your agreement uses, where the money is held, and what happens to any remaining balance if you part ways early. Attorney fee rules come from each state’s rules of professional conduct and differ by jurisdiction, including in Arizona. General legal information, not legal advice. Awesome Attorneys is not a law firm. Laws vary by state and change over time. Read the full guide at AwesomeAttorneys.com #Shorts #RetainerFee #AttorneyFees #HiringALawyer #LegalInformation #KnowYourRights

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