Payment from Deposit. For certain services, the Attorney may request that the Client pay an advance deposit (retainer). In that event, the advance deposit (retainer) will be applied against Attorney’s fees and costs incurred by Client. Attorney will deposit this amount into the Attorney’s trust IOLTA account. Client authorizes Attorney to withdraw the principal from the trust account to pay Attorney’s fees and costs as Client incurs them. Any interest earned will be paid to the Massachusetts IOLTA Committee. At the termination of services under this Agreement, the remaining balance of the deposit, if any, will be refunded to Client.
Appears in 3 contracts
Sources: Limited Assistance Representation Agreement, Limited Assistance Representation Agreement, Limited Assistance Representation Agreement