Legal Retainer Calculator
Legal Retainer
Estimate how long a legal retainer will last based on expected hours and billing rate.
Formula
Months Lasting = Retainer Amount / (Attorney Hours x Rate + Paralegal Hours x Rate)
Frequently Asked Questions
What is a legal retainer?
A retainer is an upfront fee paid to an attorney to secure their services. The attorney bills against the retainer as work is performed.
Is a retainer fee refundable?
If the retainer is not fully used, most states require attorneys to refund the unused portion. Earned retainers are non-refundable.
How much is a typical retainer?
Retainers vary widely from $2,000 to $25,000 or more depending on case type, complexity, and the attorney's experience.
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