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Tag: retainer

Book / FAQs / Law Firm

Want to Improve Cash Flow? This Strategy Could Change Your Firm

Evergreen Retainers: The Billing Hack Every Lawyer Needs Evergreen retainers are a smart financial strategy that can help law firms maintain steady cash flow while reducing the risk of nonpayment. …

Ethics Opinions

ABA Formal Opinion 505: Handling Advance Deposits From Clients

On May 3, 2023, the ABA issued Formal Opinion 505 providing guidance to lawyers on how to handle fees paid in advance by clients for services to be performed in …

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