What Should Lawyers Know About Evergreen Retainers?

CosmoLex Team

Evergreen Retainers

It’s common practice for law firms to require clients to pay an advanced fee deposit or security deposit retainer before commencing legal work for the client. Holding a deposit sum in trust for the client helps law firms know they will get paid when it comes time to bill for the work they’ve done. While it doesn’t always happen, it’s … Read More