Retainer
An upfront fee paid to a divorce attorney to secure their services, drawn down as work is performed.
Understanding Retainer
A retainer is deposited into the attorney's trust account and billed against as the attorney works on the case. The initial retainer for a divorce attorney typically ranges from $2,500 to $10,000+ depending on complexity and location. If the retainer is depleted before the case concludes, the client must replenish it. Any unused portion is refunded when the case ends. The retainer agreement should clearly state the hourly rate and billing practices.
Real-World Examples
She paid a $5,000 retainer and her attorney billed $350 per hour against it.
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This definition is provided for educational purposes only and does not constitute legal advice. Divorce laws and terminology may vary by state and jurisdiction.
Always consult a licensed attorney in your area for advice specific to your situation.