Display title | One-Dollar Retainer |
Default sort key | One-Dollar Retainer |
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Page ID | 475647 |
Page content language | en - English |
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Page creator | Looney Toons (talk | contribs) |
Date of page creation | 13:46, 15 June 2022 |
Latest editor | Looney Toons (talk | contribs) |
Date of latest edit | 13:30, 2 August 2023 |
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Description | Content |
Article description: (description ) This attribute controls the content of the description and og:description elements. | Technically, a retainer is a deposit against future charges made by a lawyer or other professional -- essentially paying in advance for a reasonable amount of services from them. As those services are performed, payment for them is taken from the retainer, which is held in escrow until it is used up (and can be reclaimed by the person who has paid it if he is unsatisfied with the professional's performance). And while the retainer fee remains unexhausted, the professional is not only working for the person who paid it, they also owe him both loyalty (they can't accept work or new clients which conflict with his interests) and confidentiality (they cannot reveal to anyone anything that might adversely affect him). (And the latter continues even after the retainer runs out -- just because a lawyer isn't representing you any more doesn't mean he can idly blab about your business.) |