How much will an hourly retainer cost?
To retain the firm at an hourly rate, you are required to pay a retainer of $6,000—$3,000 upfront, and $3,000 to be paid 30 days after executing the retainer. The firm will put these funds into a trust account, where it will remain yours until work is performed. Attorneys will bill against this at an hourly rate. Mr. Spiggle’s hourly rate is $750. Other attorneys at the firm will charge between $325 and $560. Once the retainer drops below $500, you will be required to replenish the retainer until the representation ends. If there is money remaining in the trust account at the end of the representation, the firm will return it to you. You can end the representation at any time and for any reason. You will be provided monthly invoices detailing work performed and any funds withdrawn.