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What Is A Retainer Agreement In Business

If you lose the case, your lawyer won`t get anything, but he can still charge his fees. The percentages of the contingency fees are negotiable. To summarize what a mandate contract is, it can be structured in several ways: General mandates are fees for a specific period of time, not for a specific project. Basically, you pay the lawyer to be available for discussions and questions on legal issues during this period. For example, you may want an employment lawyer to help you deal with issues that arise with employees. When introducing a client for a project, emphasize that you have long-term relationships with your clients and recommend certain options during project delivery that can help them optimize, insure, and grow their business. .

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