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Industry: Email Alert RSS FeedHow do I determine my retainer fee?
Legal Nurse Consulting Ezine, Nov 11, 2009 by Vickie L. Milazzo
Q. How Do I Determine My Retainer Fee?
A. First you will want to discuss the approved budget for the case with your attorney-client. Then you will base your retainer fee on that approved budget. Your retainer fee can be between 50-100% of the attorney's approved budget. For large cases (e.g. $20,000 budget) it is appropriate to charge interim retainers. Before you begin any work, make sure you get a retainer and a contract or letter agreement up front.
Success Is Yours!
Vickie L. Milazzo, RN, MSN, JD
P.S. As a Certified Legal Nurse ConsultantCM, you receive FREE coaching and mentoring from the Institute.
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Ask Vickie at AskVickie@LegalNurse.com.
COPYRIGHT 2009 Medical-Legal Consulting Institute, Inc.
COPYRIGHT 2009 Gale, Cengage Learning
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