Examlex
One of the most important factors to be considered when deciding whether to proceed with a litigation of a conflict that failed to be remedied through negotiation is whether the business can devote the necessary resources to proceed with the dispute.
Advance Payment
Payment made before its due date, often required in contracts as a form of security or commitment.
Legal Fees
The charges or payments made to lawyers for their professional services, which can include hourly rates, flat fees, or contingent fees.
Retainer
An advance payment made by a client to a law firm to cover part of the legal fees and/or costs that will be incurred on that client’s behalf.
Keeping Clients Informed
The responsibility of lawyers to regularly update and communicate with their clients about the status and developments in their legal matters.
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