Engagement (Retainer) Letter: Hourly Fee Arrangement (Ohio)

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About this template
This legal template, titled "Engagement (Retainer) Letter: Hourly Fee Arrangement (Ohio) under USA law," pertains to a contractual agreement between a client and a legal professional in the state of Ohio, United States. The purpose of the template is to outline the terms and conditions of the engagement, specifically focusing on the hourly fee arrangement between the client and the attorney.

The template sets out the key details such as the client's name, the attorney's name, and their respective contact information. It highlights the nature of the legal services to be provided, ensuring proper clarity and understanding of the scope of work.

The primary focus of the template is the establishment of the hourly fee arrangement. It outlines the hourly rate at which the attorney's services will be billed, ensuring transparency and predictability for the client. The template may also cover any additional costs or expenses that may be incurred during the legal representation, such as administrative fees or travel expenses, if applicable.

Moreover, the template may include provisions related to the retainer, which is a sum of money paid upfront by the client to secure the attorney's services. This section could outline the retainer amount, how it will be held in trust, and how it will be applied towards the client's billable hours.

Other important aspects such as billing procedures, payment terms, and any applicable taxes may also be addressed within the engagement letter template. It could highlight how and when the client will be invoiced, the accepted methods of payment, and any penalties for late payments.

Furthermore, the template might touch upon the attorney-client relationship, confidentiality obligations, and potential conflicts of interest, ensuring a clear understanding of the professional boundaries.

It is important to note that this description provides a general overview of what the legal template could cover, but the specific content may vary depending on the actual template and the drafting preferences of the legal professional providing the document.
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