Ethical Considerations for Flat Fee Billing
Attorney at Work
OCTOBER 11, 2022
see “classic retainer” vs. “advance payment retainer” vs. “security retainer” in Illinois ), but in general, a lawyer is required to deposit flat fees and expenses paid into a client trust account in advance for representation. Some states allow a retainer that is earned upon payment (e.g., See Model Rule 1.15.
Let's personalize your content