An amount of money that acts as a fee pre-payment; the remainder is refunded to the client Retainer fees generally come into play when you hire an attorney. If you anticipate you’ll be contacting your ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

An advance payment retainer is a sum provided by the client to cover payment of legal fees expected to be earned during the course of a client representation; to the extent the legal fees advanced are ...

(More: Advisers shift away from AUM fees to better serve clients) For advisers charging an AUM-based fee, whether the client makes such a move directly impacts his or her fee, Mr. Kuebler said. But ...

As the profession has shifted from product sales to providing and implementing a client’s financial plan, compensation models have also adapted. Now, with the Department of Labor’s pending fiduciary ...

Retainer agreements are often used by attorneys to establish a formal relationship with clients. However, retainers can be used in almost any industry and are particularly useful to consultants and ...

Like a hot stock or predictions on the next rate hike, interest in alternative compensation models is rampant. Smart clients are asking more about fees, and pending fiduciary requirements will surely ...

Acquiring legal representation after a truck accident might not be the first thought on your mind, but it’s crucial. This is because traversing the convolutions of a legal case is highly pedantic, ...