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Stairway Towards Success

$500.00

Each month, a prioritize list of goals are estimated and selected based on the available retainer amount. Left over retainer amounts transfer to the following months until utilized.


The “Stairway Towards Success” Monthly Retainer is comprised of On-Site ($99) and Off-Site ($42) rates to allow flexibility and cost containment.


The “Stairway Towards Success” Monthly Retainer roughly contains One (1) hour of On-Site and Ten (10) hours of Off-Site time. Alternatively, Two (2) hours of On-Site and Seven (7) hours of Off-Site time.

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Description

Monthly Retainer

0:00A retainer agreement is a work for hire contract. It falls between a one-time contract and full-time
0:06employment. Its distinguishing feature is that the employer pays in advance for work
0:11to be specified later. Additional contracts regarding the performance of this work may
0:16also apply. It is common for a person seeking the services
0:20of a lawyer to pay a retainer to the lawyer, to see a case through to its conclusion. A
0:26retainer can be a single advance payment or a recurring payment.
0:30A retainer fee can be paid on a fixed, pre-negotiated rate or on a variable hourly rate depending
0:36on the nature of retainer and also, the practice of the lawyer/advocate being retained. Both
0:42models exist in the industry. The purpose of a retainer fee is to ensure payment for
0:47future services or work to be rendered. Absent an agreement to the contrary, a retainer fee
0:53is refundable if the work is not performed. Retainer is the basis of authority for an
0:59advocate. It limits the authority because it is not for all general purposes for all
1:04time. It is therefore specific in nature e.g. during litigation the advocate is authorized
1:10by the client to accept service of proceedings that do not require personal service on behalf
1:15of client. This kind of authority can either be expressed, implied, apparent or usual through
1:21the usual practice of the advocate while pursuing the instructions of the client.
1:27See also Contingent fee
1:29References

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