Legal Question in Family Law in Michigan
retainer
what is a retainer
Asked on 11/04/06, 6:30 pm
1 Answer from Attorneys
William Stern
William Stern, P.C.
Re: retainer
A retainer is up front money paid to the lawyer. There are two kinds....refundable and nonrefundable. The refundable means that the money is used up as the lawyer works and bills against that money. If he does not use it all, you get a refund. Nonrefundable means that what you pay, kiss goodbye. William S. Stern
Answered on 11/05/06, 10:23 am