Substantial revision is required before use. Sample language may or may not be consistent with current law or rules of court. Any person involved in a legal proceeding would be wise to obtain competent local counsel with recent experience in the relevant area of law as soon as possible. Under the fee retainer agreement which we signed today, all fees and costs are due within 30 days of billing.
Interest accrues on all late payments according to the terms of the agreement.
So long as you make each month's payment on time, no further measures will be undertaken to collect your balance owed. Interest, however, will still accrue on the amount of your unpaid balance, per the fee retainer agreement. If you fail to make one payment on time, time payments will no longer be considered sufficient. Your entire balance owed past thirty days will become due immediately and a collections action may ensue. I may also terminate my legal representation of you at that time, limited only by applicable law, rules of court, and principles of attorney ethics.