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What type of equity derivatives are created by corporations?
Advance Payment
Payment made before its due date, often required in contracts as a form of security or commitment.
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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.
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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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