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    Post: ADVICE TO YOUNG LAWYERS ABOUT ACCOUNTING FOR RETAINER FEES

    Posted by Hardy Parkerson, Atty. on 11/27/03


    Dear Young Lawyer Friends,

    If you do work on a retainer basis, always document
    every move you make, every phone call, look at a law book,
    trip to the courthouse, conversation with your client or
    anyone else about the case. I have a spent a career
    handling cases on a contingent basis, so I never bothered
    to worry about documenting things. Now I am doing a lot of
    retainer fee work, and I have been called upon recently
    more than once to render and accounting to a client. In
    those cases I feel reasonably certain that I have more
    than earned the retainer fee, but being able to prove it
    to a client may not be so easy to do. Look out! Take it
    from an old hand! It's no fun writing down every move you
    make, but I promise you you will be glad you did when some
    client makes a demand upon you for an accounting. Best of
    luck!

    Sincerely,

    Hardy Parkerson, Atty.
    Lake Charles, LA



    Posts on this thread, including this one
  • ADVICE TO YOUNG LAWYERS ABOUT ACCOUNTING FOR RETAINER FEES, 11/27/03, by Hardy Parkerson, Atty..
  • Re: ADVICE TO YOUNG LAWYERS ABOUT ACCOUNTING FOR RETAINER , 11/28/03, by Turtle.
  • Re: ADVICE TO YOUNG LAWYERS ABOUT ACCOUNTING FOR RETAINER , 11/28/03, by Hardy Parkerson, Atty..
  • Re: ADVICE TO YOUNG LAWYERS ABOUT ACCOUNTING FOR RETAINER , 11/28/03, by Turtle.
  • Re: ADVICE TO YOUNG LAWYERS /GREAT, THANKS! , 11/28/03, by Hardy Parkerson, Atty..


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