What are Prepaid Lawyers?

Prepaid lawyers are attorneys who offer ongoing legal services to clients who agree to pay a monthly or annual fee in advance. By paying this recurring fee, the client has access to all the attorneys connected with the law firm in question on a continuing basis. This arrangement makes it possible to call upon the prepaid attorney for all types of legal services that are covered in the agreement between the client and the law firm. The concept of prepaid lawyers has been around for a number of years. Businesses have long used a model in which a lawyer is kept on a retainer that is paid annually or semiannually. In return for the advance payment, the lawyer performs a wide range of legal tasks on behalf of the client. These may include creating or reviewing business contracts, filing legal paperwork with local courts, or taking depositions in the event that some type of legal action is initiated by or against the client. Over the last several decades, the idea of prepaid lawyers has beco ... more