09-20-2009, 07:32 PM
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So Fucking Banned
Join Date: Jul 2006
Location: Queens NY
Posts: 2,065
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Quote:
Originally Posted by AmeliaG
A retainer should cover basically what amount of work that firm expects to do for you in the near term. If you are on the verge of litigation, then $5k would be too low, and you should expect more like $40k. If you just want some documents done right, then more like $1k would be common. So, whether that is overcharging or not, depends on how much work you will be having the firm do in the next three months to a year. Figure that an hour of an attorney's time will run probably $200 to $600, depending on the lawyer and what he or she is doing for you. Think about how many hours you will likely need, not counting initial consultation.
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Good explanation, thanks!
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