Never Take A Case Billed Out On An Hourly Basis Without A Retainer Big Enough To Easily Cover A Month's Fees - Above the Law

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Never Take A Case Billed Out On An Hourly Basis Without A Retainer Big Enough To Easily Cover A Month's Fees - Above the Law

If you’re in Biglaw, unless you’re representing Donald Trump or Rudy Giuliani, you generally don’t have to worry too much about getting paid. Huge corporate clients don’t run away from their legal bills. It’s a different story at a small or midsize law firm. Longtime readers might recall the story of how I got stiffed out of $40,000 after my first trial — hilarious, given that I wasn’t an equity partner and I could easily point out how it was 10…