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Why are retainers important in a business?

Retainers Templatize, track, deliver and forecast recurring work for predictable business growth. Billing Make accurate invoicing easy and get paid on-time for all manner of client work.

Why do lawyers ask for a retainer?

A retainer fee provides an assurance to lawyers that they will be paid. Some retainer fees state that they are non-refundable, giving a further guarantee of payment to attorneys.

What is a retainer in an agreement?

Retainers are a type of compensation agreement with lawyers either for reserving their employment or as compensation for future services. General retainers are the traditional type of retainers where a lawyer agrees to handle a case or future issues that arise for a client.

How do retainer contracts work?

A retainer agreement is a contract wherein a client pays another professional in advance for work to be specified at a later point in time. In exchange, that professional agrees to make himself available to that client for a certain number of hours within a predetermined timeframe.

How do retainers contracts work?

A retainer agreement is a contract wherein a client pays another professional in advance for work to be specified at a later point in time. In exchange, that professional agrees to make himself available to that client for a certain number of hours within a predetermined timeframe.

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