What is a retainer agreement? I'm not law savy.
A retainer agreement is an agreement that sets out terms and conditions for payment of legal services. It's sometimes interchangeable with Engagement agreements or letters which lay out the terms of the services which will be rendered. The retainer and engagement letters are the most important tool for attorneys and can be very very specific. It sets boundaries and avoids any future misunderstandings about the legal services you will provide.