Ontario Barrister and Solicitor Practice Exam

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What is NOT a requirement for joint retainers?

To have a clear fee structure
To notify clients of potential savings
To obtain informed consent
To advise on conflicts of interest

The correct answer is: To notify clients of potential savings

Joint retainers require a clear fee structure, informed consent, and advising on conflicts of interest. Clients should always be made aware of potential savings, however, this is not a strict requirement for joint retainers. Other options may be offered or discussed with clients, but it is not necessary for the joint retainer to be valid. Therefore, B is not a requirement for joint retainers.