What is a retainer fee and why is it necessary?
A retainer fee is a payment that a person or business must make upfront to a lawyer, before the lawyer provides services. This fee is necessary because it ensures that the lawyer is adequately compensated for the services they will be offering, and that the client is committed to taking their legal matters seriously. It also serves as a guarantee that the client will pay for the lawyer’s services in full, regardless of how long the legal process may take. The exact amount of a retainer fee depends on the lawyer’s own rates and the type of services they are offering. In Kansas, retainer fees are generally required to be paid before the lawyer can begin work on a case. They can range anywhere from a few hundred to several thousand dollars and are usually nonrefundable. Once a retainer fee has been paid, the lawyer will usually deduct the cost of services they have provided from the retainer amount. This helps ensure that the lawyer can always be compensated for the work they have done, even if the client cannot pay in full for the service. If the retainer amount is used up, the lawyer may require additional payments in order to continue work on the case.
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