Making a Retainer Relationship Work

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From the small business client's perspective [click to hear podcast], is it better to keep legal counsel on retainer, or to engage a lawyer only when the need arises? As with so many other things involving the law, the answer is, "It depends." A business client who has a variety of ongoing legal needs?ensuring compliance with employment law, reviewing terms of contracts, structuring a real estate deal?needs full confidence before putting a lawyer on retainer that the lawyer can indeed handle every issue that comes up. The lawyer does himself or herself no favors by offhandedly saying, "of course I can," and then being unable to come through on a time-sensitive issue.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ed Poll, LawBiz | Attorney Advertising

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