Question: Every year, the board automatically renews the association attorney’s retainer agreement and deposit. Without reading it the directors sign and send him a check for $60,000. This year, I ...

Retainer agreements set terms for ongoing service relationships. They ensure availability and reduce uncertainty in service provision. Utilize for projects needing flexibility in duration and scope.

In a typical contingency fee arrangement, the successful attorney receives a percentage of "all sums recovered" by his or her client in a dispute or litigation ...