Iit gives them a lot more comfort. The purpose of the retainer agreement is to set out the duties of the parties so that all parties have an agreement on the services that will be provided, how they will be provided, when and at what cost. Fixed Fee Retainer Agreement For The Slacker Set - Bitter Lawyer Retainer Agreement Retainers Slacker An attorney will then transfer funds from that account into her business account periodically as the case progresses—usually on a monthly basis. How do legal retainers work . The retainer agreement should specifically spell out the scope of the representation and the work to be performed. The money to be paid. Although technically they are not retainers, they do often involve ongoing work, and are related to the time in. A retainer, in the legal world, is a sum of money that the person hiring the lawyer deposits into the lawyer’s trust account. Retainer fees are almost always required for cases involving a trial or a lawsuit. Retainers a...