3 ms·

Do you know what the yearly fee of having a decent lawyer on retainer?

• _s 4y ago
  Depends on the size of the firm, and how much you interact with them. A local law office with 1-2 lawyers and a few assistants; likely $1000-1500 that’s held by them to put towards any future requirements. Larger firms range from $5000-25000 for an individual, but again, usually this money is held in a trust on your behalf and you can use it to pay down any bills or let them keep it and pay the invoices as they come.
  • eftychis 4y ago
    Thank you -- was starting to write the same and then decided to double check nobody beat me to the punch. Fees are usually not annually but an advance -- but you can have a law firm on retainer on an annul basis -- that is they are expected to deal with a particular legal volume for you annually -- different notion slightly.
• mtnGoat 4y ago
  That varies greatly. Mine was $5k, but I don’t have to repay yearly. Basically I just get easy access to get on his calendar and the first 5k is covered.
  • londgine 4y ago
    That's surprisingly cheap. I always assumed that there would be a yearly fee just to hold them on retainer, and then another fee if you actually use them. Maybe I should get a lawyer on retainer, it is cheaper than some other insurances that I have.