Ron LaFlamme
- Clients
- Pied Piper
- Read-only example
- Illustrative figures
- Retainer agreed
- $5,000
- Net received
- $2,000
- Still owed
- $3,000
Retainer
| Matter | Agreed | Received | Refunded | Still owed |
|---|---|---|---|---|
| Pied Piper financing | $5,000 | $2,000 | $0 | $3,000 |
Matter checklist
| Item | State |
|---|---|
| Engagement letter | Signed in this example |
| Retainer | Part received |
| Matter room | Waiting for the remaining retainer |
The amounts here are simulated. No money changes hands.
About this example
Ron LaFlamme advises Richard and Pied Piper. The engagement, retainer and receipts below are illustrative.
Next step
Compare the partial receipt and refund examples. A reported transfer is checked before it is recorded as received.