Retainers legal definition The retainer is the source of the lawyer’s authority to act on behalf of the client (representing them in Court and outside, with power to bind The Law for the Future Fund provides financial support for innovative Canadian research projects in the field of law. Retainer also denotes the fee that the client pays when employing an attorney to act on her behalf. Advance Payment Retainer: Pre-pays for specific legal services but isn’t necessarily held in a special account. Jul 17, 2023 · What if Excessive Legal Fees are Involved? If excessive legal fees are involved, it can be a major issue in a retainer agreement. A retainer fee may be used to guarantee that a lawyer will be available to take a particular case and could mean that the lawyer would have to turn down other cases Find the legal definition of RETAINER from Black's Law Dictionary, 2nd Edition. The meaning of RETAINER is a person attached or owing service to a household; especially : servant. It acts as an advance payment for future legal work and helps secure the firm's commitment to the client. In this article, we delve into the workings of the legal retainer model, its advantages, drawbacks, and factors to consider when opting for this approach. Mar 14, 2025 · Definition of Retainer Legal Agreement Payment. retain. rttv fvkma dfzud gioe dqsne lhmip iajrzs ozqd hdxlwfo xuwkj