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What is a classic retainers?

Classic retainers
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What is a classic retainers?

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A classic retainer is defined as a fixed sum of money paid to a lawyer to ensure that the lawyer’s availability during a specified period of time or for a specified matter.. That kind of retainer is considered to be earned immediately, becomes the property of the lawyer, regardless if the lawyer ever actually performs any services for the client and is deposited in the lawyer’s business account. Dowling at *6.

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