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Retainer fees are common among divorce attorneys, but many clients have questions about what a retainer is and how it works. In short, a retainer is a sum of money paid up front for a lawyer’s services. The fees charged are an estimate of the fees needed to start your family law matter.
As the attorney provides services to the client, the cost of those services is deducted from the retainer. The retainer is applied to various expenses associated with handling the case, such as the lawyer’s hourly fees, court costs, and other administrative expenses related to the divorce case.
The retainer is an estimate, and while your family law attorney will try to estimate as closely to accurate as possible, things may come up during the course of your divorce that end up costing more than what was initially estimated during the case evaluation. If the retainer is depleted, you will be asked to replenish it.
If additional funds are still left in the retainer after your case has been handled, the funds may be returned; however, be sure to thoroughly read and understand your lawyer’s retainer agreement prior to engaging their services, as each divorce lawyer assesses fees differently.
Retainer costs vary case-by-case depending on their complexity, but an average retainer fee for a divorce lawyer is typically between $2,500-$7,000. When hiring an attorney, it’s important to ask questions about how they charge and what is included in their retainer fee so you aren’t caught off guard with additional surprises or expenses.
When dealing with legal matters, it’s not just the retainer that you need to consider. In some cases, you might wonder if you can get some of your attorneys’ fees covered by your ex-spouse. While a retainer is a standard upfront payment, there are instances where the court may order one party to contribute to the other party’s legal expenses. Your divorce lawyer will help you determine if any of the divorce costs can be covered by your ex.
For questions about Florida family law issues or to schedule a case evaluation, contact us today at the Vasquez de Lara Law Group.