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Annotate Financial Consulting Agreement Template

Annotate Financial Consulting Agreement Template

Aug 6th, 2022

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How to Annotate Financial Consulting Agreement Template

4.8 out of 5

22 votes

A consulting agreement with a retainer involves an upfront payment from a client in exchange for consulting services. A retainer reserves the consultant for a minimum number of hours and ensures their availability. Charging a retainer depends on the type of work and the consultant's preference, aiming to cover upfront costs and secure payment in case the relationship doesn’t continue. In comparison to agreements without a retainer, retainer agreements typically include a minimum deposit or preordered number of required hours, providing financial assurance for the consultant while establishing the service relationship.

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