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A consulting agreement with a retainer is a contract between a consultant and a client that requires an upfront payment in exchange for consulting services. A retainer reserves the consultant's time for a minimum number of hours and ensures their availability, regardless of the client's usage. Consultants may choose to charge a retainer to cover initial costs and secure payment in case the arrangement doesn’t continue. The specifics of a retainer agreement typically include a minimum deposit or preordered hours. Understanding what a consulting retainer is, how to create the agreement, and options for obtaining a free consulting agreement are key components in this process.
