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A retainer agreement for attorneys is a legal contract outlining an attorney's responsibilities in exchange for an advance payment by a client. In this context, a retainer signifies an upfront payment for future legal services, functioning similarly to a deposit. There are various ways to pay retainer fees, with the most common being an advance payment for a specific case, which ensures the attorney's availability. Alternatively, clients may pay a fixed or variable monthly fee for ongoing legal assistance, typical for individuals or businesses needing regular legal support. It’s important to consider that if a case is resolved early, unused retainer fees may be refunded or applied to future services.