Posts tagged with "Retainer Agreement"

What is a retainer agreement?

A retainer agreement is a legally binding agreement between you and your attorney. Pursuant to a retainer agreement, you engage an individual lawyer (or the partners and associates of a law firm) to perform certain services for you and agree to pay for these services. Upon signing the agreement, you are required to pay the retainer, an agreed upon amount which is prepayment to the lawyer for services to be rendered and expenses to be incurred on your behalf. The Rules of the Court require that a retainer agreement state the following: 

1. Names and addresses of the parties entering into the agreement;

2. Nature of the services to be rendered;

3. Amount of the advance retainer, if any, and what it is intended to cover;