Retainer Agreement
A contract between a client and a lawyer outlining services, fees, and responsibilities.
What is Retainer Agreement?
A Retainer Agreement is a contract between a client and attorney establishing the scope of legal services, payment terms, and responsibilities, often including upfront fees to secure the lawyer’s availability for representation.
Why It Matters?
It defines expectations, protects client and attorney interests, and ensures clear financial and service arrangements.
Example
A business signs a retainer agreement with a law firm to provide ongoing corporate legal support.
Related Terms
Mediation
Litigation