How do you inform clients of how long each retainer deposit they place is good for?

Lawfecta believes in transparency and has ensured the terms of our services are clearly defined so clients can make informed decisions when placing a retainer deposit for services with us.
Written by Robin Ford
Updated 5 months ago

We have outlined that our Flex Retainers have a 60-day expiration in several locations including, but not limited to, our Retainer Proposal, Retainer Agreement, website, FAQs, and invoices for deposits. For example:

  • The After You Sign Up > What to Expect section of the Retainer Proposal states:

    Funds are available from date of deposit up to sixty (60) days for work to be performed against.

  • The Unused Credit Expiration clause (Section 5.), which requires the client to initial indicating their understanding and agreement to, of the Retainer Agreement states:

    All unused deposits and credits expire sixty (60) days from the date of deposit (the "Expiration Date"). Expired deposits and credits will not be refunded to Client. Funds are not carried month to month indefinitely.

  • The Notes on each invoice for a retainer deposit states:

    Funds roll-over for up to sixty (60) days from the date of deposit or until exhausted, whichever occurs first.
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