JOHNSON & KIM, PC

Fees

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What is a retainer?

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What is a retainer?

A retainer is an amount paid to an attorney to ensure that he will be paid for his services at the end of the month.  

JOHNSON & KIM, PC places the retainer in a trust account.  At the end of each month, money is removed from the trust account to pay for that month's services.  Each month, you will receive a detailed trust statement showing your present balance and any deposits or withdrawals that have been made that month.

Except in Flat Fee situations, such as bankruptcy and criminal cases, our retainers are refundable.  Thus, if there is money left in the trust account at the end of the case, it will be refunded to you.  If the money in trust is used up before the case  ends, you are required to replenish the trust account by keeping a minimum balance of $500 in trust.  

Copyright © 2000

Last modified: July 24, 2000

Email: JOHNSON & KIM, PC

Telephone: (907) 274-9555

 

Disclaimer

The materials at this website have been prepared by JOHNSON & KIM, P.C. for information purposes only and should not be construed as legal advice or legal opinion on any specific facts or circumstances.   The JOHNSON & KIM, PC website is a public resource of general information which is intended, but not promised or guaranteed, to be correct, complete and up-to-date.   The information at this website is subject to change without notice.   Although we try to keep our site current and accurate, you should not rely on this information or its applicability to any specific circumstances without first seeking the advice of an attorney.  This website is not intended to create, and receipt of information through the Internet does not constitute, an attorney-client relationship. Furthermore, we would like to stress that although the JOHNSON & KIM, PC website is linked to other websites, there is no affiliation between the JOHNSON & KIM, PC website and other sites.