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How much of a retainer do you need?

 

Our goal is to avoid any potential work stoppage due to lack of funds. Our experience is that bills are generally paid between 45 and 60 days, but experts are generally happiest and most productive when they’re paid every 30 days. So, let me ask you 2 questions. 1) How many hours do you think that the expert will need to work in the first 30-60 days? & 2) How quickly does your client generally pay? With this information, we can speak to the candidates and figure out a retainer that makes sense. Typically we are looking at $10,000 to $15,000 for anything over 100 hours of work to be expected… on any given case.

 
 
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