What is a retainer fee for an industrial accident lawyer?

A retainer fee is an upfront payment made to an industrial accident lawyer. It is paid to the attorney in exchange for the lawyer’s commitment to represent the client in their legal case. The retainer fee is typically paid at the start of the case and is held in trust, meaning that the attorney will use it to pay for expenses related to the case and deduct them from the retainer. In Hawaii, when a person is injured in an industrial accident and decides to hire a lawyer to handle the case, they may be asked to pay a retainer fee. This fee is not necessarily the same for all cases, but can range depending on the complexity of the case and the lawyer’s experience. The amount a person pays may also depend on whether the lawyer is hired on a contingency basis, meaning they are only paid if they win the case, or on an hourly basis, meaning they are paid for the time they spend working on the case. Retainer fees are typically non-refundable, meaning they are not returned if the case is lost. It is important for a person to ask their lawyer for an estimate of how much they can expect to pay in retainer fees before signing any legal agreement. This will help them better understand the costs associated with their case and make sure they are comfortable with the amount.

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