Attorney Retainer Agreement Template Page 3

ADVERTISEMENT

3
III.
EXPENSES
A.
The Client hereby authorizes Firm to incur expenses in the legal representation of
the Client and the Client hereby agrees to pay in advance (if requested) the expenses
incurred by the Firm on behalf of the Client as the expenses are incurred by Firm.
B.
The Client is obligated to pay all expenses which the Firm incurs on the Client’s
behalf, such as court costs, filing fees, deposition charges, expert witness fees, witness
expenses, long distance telephone expenses, court reporter fees and transcriptions, non-
local travel (including but not limited to room, board and incidental travel expenses),
parking, photocopies at the rate of $0.10 per page, and incoming facsimiles at the rate of
$0.10 per page. The Firm will keep contemporaneous records of all disbursements made
in the case and will provide the Client with an accounting on a monthly basis.
IV.
DISCLOSURE STATEMENT OF FINANCE CHARGES
INVOICES FOR SERVICES AND EXPENSES
A.
The Firm bills on a monthly basis, or at otherwise appropriate intervals, and will
provide the Client with a statement setting forth, in reasonable detail, all advances for the
above mentioned expenses, and a reasonable description of services rendered by the Firm
on the Client’s behalf.
The Firm requests payment upon receipt of the invoice.
Accounts become past due on the thirtieth day following the date they were billed,
and will accrue interest thereafter on unpaid balances at the rate of eighteen percent
(18%) per annum, or the highest rate allowed by law, whichever is greater.
B.
The usual practice of the Firm is to send to the Client for direct payment by the
Client invoices received by the Firm from third parties such as court reporters, expert
witnesses, and reproduction services. The Client will be expected to pay such invoices
promptly upon receipt.
C.
If in the course of the Firm’s representation of the Client, the Firm anticipates a
significant increase in the level of its activity on the Client’s behalf (e.g., the
commencement of trial preparation or trial), the Firm may bill the Client on a basis more
frequent than monthly. The Firm will expect that such statements will also be paid
promptly. The Firm has requested a security deposit retainer of $___________ for
anticipated fees. This amount shall remain in the Firm’s trust account as a security
deposit during the pendency of the representation and shall be used to insure the
payment of fees. The Firm shall apply the Retainer against the fees and expenses
arising during the final month of its representation against any invoice that is
outstanding for more than thirty (30) days. If no fees or expenses are owed at the
end of the assignment, the security deposit retainer shall be returned in full. It
should be noted that the current amount of this retainer is agreed upon only in connection
with the administrative dispute of this Matter, and therefore if this Matter should proceed
to civil litigation, an additional retainer will be necessary.
V.
WITHDRAWAL FROM EMPLOYMENT

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go
Page of 8