Retainer

Beginner ⚖️ Legal

Definition

A large sum of money you pay a lawyer upfront for the privilege of having them answer your phone calls, kind of like a subscription service for legal advice except Netflix never charged $500 an hour for buffering. Your lawyer's version of a security deposit.

Example Usage

"I paid a $10,000 retainer, which lasted approximately two emails and a phone call, give or take a billable sneeze."

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