Reprinted from:Lexis Hub for New Attorneys

Ed Poll takes a look at the legality of charging retainers following legislation in some states that deems pre-performance payments illegal. These measures are the result of questionable mortgage practices during the housing crisis.

California SB 94 is one example of legislation that could impact how lawyers are permitted to charge clients. California is just one of many states considering legislation that could restrict such payments.

Click here for Ed Poll's video discussing current legislation about pre-performance payments and how this might impact an attorney's ability to collect retainers from clients.

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