Retaining fee


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RETAINING FEE. A fee given to counsel on being consulted in order to insure his future services.

References in periodicals archive ?
In addition to receiving turnout and drill-night fees, on-call firefighters do receive a retaining fee.
An average RDS (retained duty system) firefighter is paid a pounds 2,800 retaining fee each year (and is paid an additional fee for each incident he or she attends).
This level of commitment is rewarded with a retaining fee of pounds 2,821, or 68p per hour, with additional payments for attending training and incidents.
Retained firefighters are paid a retaining fee which is between pounds 1,000 and pounds 2,500 a year.
He will receive a retaining fee, payment for each turnout and a payment for turning out to the station even if he doesn't ride the appliance.