Paralegals Canada  


Litigation Paralegals Professional Corporation


What is a Retainer?


Retainers are monies that you provide upfront as deposit funds.  These funds are placed into a trust account with a lawyer or paralegal; however, it is important to keep in mind that the money held in trust, the 'retainer', is YOUR money.  

As your matter proceeds, your lawyer or paralegal will incur disbursements (such as the costs of court filing of your documents, costs of travel, and many other expenses usual to the legal process).  Additionally, your lawyer or paralegal will invoice you for fees as services are rendered in the course of your matter.

Every so often, perhaps monthly, but always after disbursements have been incurred or fees have been earned, your lawyer or paralegal will transfer money out of your trust account into the lawyer's or paralegal's general business account.  The amount transferred shall never be more than the amount due on account.

The lawyer or paralegal is without legal right to transfer money out of the trust account unless the money is properly due as reimbursement for expenses paid out or fees earned for the progress in work performed whether as hours billed or a flat rate for performance of specific services as previously agreed between the lawyer or paralegal and the client.