Which type of retainer is typically used when a client such as a corporation requires continuing legal services throughout the year?

Question

Quizplus · Accepted Answer

A retainer for general representation is typically used when a client such as a corporation requires continuing legal services throughout the year. This type of retainer allows the attorney to provide ongoing legal advice and representation as needed, with the understanding that the client will pay a set fee for a certain amount of time (usually a year). It is different from a case retainer because it covers a broader range of services, and different from a pure retainer because the fees paid are typically applied to specific ongoing legal services. Cash advance retainers and IOLTA retainers are not typically used in this context.

Which Type of Retainer Is Typically Used When a Client