A Legal Retainer is one smart and strategic arrangement a person or business can have with a Lawyer.
It is a formal written Agreement between a Lawyer and a client where the Lawyer agrees to provide ongoing legal services and legal fees are paid periodically.
Under a legal retainer, the client pays legal fees either monthly, quarterly, yearly or on a pay-as-you-go basis. This arrangement secures the Lawyer’s availability to handle the client’s legal matters within the scope of the Agreement, whenever they arise.
The biggest advantage of a legal retainer is certainty and readiness. Instead of scrambling to find a Lawyer when a property/business transaction, dispute/ issue or urgent legal question arises, the client already has a Barrister who understands his affairs and is prepared to act fast.
For businesses, contracts can be reviewed quickly, legal issues can be addressed early, negotiations can be handled professionally and potential disputes can be prevented before they escalate into expensive litigation.
A well-drafted legal retainer contains the scope of legal services, the duties of both parties and the legal fees. This ensures a smooth professional relationship.
A legal retainer is about securing dependable legal protection, guidance and professional support whenever the need arises. It ensures that your legal interests are continuously protected.
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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors, Advocates and Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria
Phone: +234(0)7030868694 (Calls and Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com