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Posts Tagged ‘Advance Fee Retainers’

  • Advance Fee Retainers: Should We Change Rules?

    NYPRR ArchiveComments Off on Advance Fee Retainers: Should We Change Rules?

    By Sarah Diane McShea [Originally published in NYPRR July 2001]   It has long been the rule in New York that lawyers are not required to place advance fee payments in their escrow accounts but may, instead, deposit them in their general funds. In 1985,...