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Criminal Law

: Law Of Criminal Defense

"Understanding Retainers and Flat Fees"

By John Wesley Hall, Jr.

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"Understanding Retainers and Flat Fees," by Doug Richmond. Abstract: The law generally recognizes lawyers' right to reasonable fees for their services. For years, lawyers seeking to secure payment have requested security retainers from clients. Clients who wish to ensure a favored lawyer's availability to represent them in transactions or litigation have long been able to do so by paying general retainers. In recent years, flat fees have received considerable attention as a means of fairly pricing legal services and ensuring predictability in the cost of those services. Yet retainers and flat fees are often misunderstood by courts and lawyers alike. Many lawyers fail to appreciate the professional responsibility aspects of the various forms of retainers and flat fees that they employ...continue to full post

Full post as published by Law Of Criminal Defense on July 16, 2010 (boomark / email).

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