Understanding Retainer Burn
How we calculate. Burn % = fees applied ÷ retainer balance basis × 100. The form uses the same arithmetic as the worked examples on this page. See our methodology and accuracy policy.
Real-world scenario: A typical Retainer Burn case uses fees used 7500 and retainer amount 10000. Enter the same figures below to reproduce the worked path.
What is Retainer Burn?
Matter cash-management KPI for evergreen or flat retainers. Remaining % is typically 100 − used %.
- Use the same currency
- Evergreen top-ups may reset the base—label the window
- Trust accounting rules apply
The Formula
Worked Example
Common Use Cases
- Matter monitoring: refill alerts
- Client updates: trust status
- Finance ops: WIP vs retainer
Pro Tips
- Follow trust accounting rules
- Separate costs vs fees if required
- Alert before 100%
Limitations: Retainer Burn results are educational practice-management aids only—not legal advice, fee advice, or a substitute for counsel, ethics rules, or engagement letters. Confirm definitions with your firm policies and applicable professional rules.
FAQ
Is remaining automatic?
Remaining ≈ 100% − used % when the retainer base is unchanged.
What if retainer is 0?
Burn % is undefined—enter a positive retainer amount.
Authoritative References
For professional conduct and practice management context, consult:
- American Bar Association — ethics and practice resources
- Law.com — legal industry reporting
- Clio Resources — practice management education