The term retain refers to the act of holding onto something for future use or keeping it secure. Depending on the context, it can have several meanings:
In legal practice, "retain" is commonly used in various contexts, including:
Users can manage related forms and procedures through resources like US Legal Forms, which provide templates drafted by attorneys.
Here are a couple of examples of abatement:
Here are a couple of examples of how "retain" is used:
Examples of state differences (not exhaustive):
| State | Context of Retention |
|---|---|
| California | Specific rules govern the retention of security deposits, including timelines for return. |
| New York | Retaining a lawyer often requires a written retainer agreement outlining fees and services. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Difference |
|---|---|---|
| Retain | To hold or keep something for future use. | Focuses on possession or security. |
| Acquire | To obtain or gain possession of something. | Involves obtaining something new rather than holding onto something already owned. |
| Employ | To hire someone for a service. | Specifically refers to hiring, while retain can include possession. |
If you find yourself needing to retain a service or asset, consider the following steps:
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| Attribute | Details |
|---|---|
| Typical Fees | Varies based on service retained (e.g., legal fees, deposits). |
| Jurisdiction | Applicable in all states, but specific laws may vary. |
| Possible Penalties | Failure to return deposits may lead to legal action. |
To retain a lawyer means to hire them for legal services, typically involving a retainer fee.