Nonrefundable Retainer Fees Are Unethical? - ABA Formal Ethics Opinion 505 (2023)
Video lecture for my Professional Responsibility class and MPRE prep about ABA Formal Ethics Opinion 505 (May 2023), which takes the position that nonrefundable advance fees or "retainers" are impermissible under the Model Rules. Get Formal Ethics Opinion 505 (free) here: https://www.americanbar.org/content/d... Video to watch next after this one: • Frivolous Lawsuits and Arguments - Model R... Get the text of the ABA Model Rules of Professional Conduct free here: https://www.americanbar.org/groups/pr...

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