What is a retainer fee for an industrial accident lawyer?

A retainer fee is the amount of money paid to an industrial accident lawyer in order to retain their services. A retainer fee is not a payment for services already completed, rather it is a payment made in advance that will be applied toward fees that will be incurred in the future. In Florida, the retainer fee is usually one-third to one-half of the expected cost of the entire case. It is important to note that the retainer fee is not the same as a deposit and may not include additional expenses such as filing fees or expert witness fees. It is also important to note that the cost of the case can vary greatly depending on the details of the industrial accident and the length of the legal proceedings. When hiring an industrial accident lawyer in Florida, a retainer fee agreement should be spelled out in advance. It is also important to note that any remaining balance on the retainer fee will be due to the lawyer at the conclusion of the case. In conclusion, a retainer fee is the cost of hiring an industrial accident lawyer in Florida. It is important to understand the terms of the retainer fee agreement in order to avoid any confusion in the future.

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What is a retainer fee for an industrial accident lawyer?

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