Devika Kewalramani, a partner at Moses & Singer, and Jordan Greenberger, an associate at the firm, ask: To whom does an advance payment retainer belong: the lawyer or the client? To what account should the funds be deposited: the lawyer's or law firm's operating account or the client trust account?
Advance Payment Retainers: Whose Property? What Account?
New York Law Journal
February 15, 2013
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