Retainer Agreement (for Services)
Professional service contract with advance payment arrangement, defining scope, monthly retainer fees, and ongoing service relationship for legal, consulting, or other professional services.
Key Clauses
Whereas
Establishes client's need for ongoing professional services and service provider's retainer arrangement.
Definitions
Clarifies professional terminology, retainer concepts, and service categories used throughout agreement.
Term
Specifies retainer agreement duration, renewal procedures, and termination notice requirements.
Scope Of Services
Details professional services included in retainer and any additional services requiring separate billing.
Retainer Fee And Payment Terms
Defines monthly retainer amount, payment schedule, and procedures for additional work billing.
Obligations Of The Parties
Establishes responsibilities of both client and service provider under retainer arrangement.
Use This Template
When You Need This
- Securing ongoing legal counsel for business operations and compliance
- Retaining consulting services for strategic planning or specialized expertise
- Establishing priority access to professional services during peak periods
- Creating predictable monthly costs for essential professional services