What is a retainer fee for an industrial accident lawyer?
A retainer fee is a payment made in advance to an industrial accident lawyer for legal services. The fee is paid before any services have been rendered and is typically used to secure the attorney’s services for a particular case. Retainer fees vary from attorney to attorney. Generally, they are based on the complexity and specific circumstances of the case. When an individual needs representation for an industrial accident case in West Virginia, they will likely be asked to pay the lawyer a retainer fee before the lawyer agrees to handle the case. As a result, the attorney may turn down cases from clients who can’t afford the fee. It’s important to understand before signing a legal representation agreement that the retainer fee is non-refundable. If a case is settled or dismissed before the attorney’s services are complete, the retainer fee is still due at the end of the case. Clients should understand what services are included in the retainer fee before agreeing to pay it. In most instances, a retainer fee covers all administrative and legal services, including travel expenses, court costs, and other related expenses. In West Virginia, retainer fees may also include a contingency fee – a percentage of any money won from a settlement or court award. At the end of the case, the fee is calculated based on a percentage of what the client ultimately recovers.
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