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A consulting agreement with a retainer is a contract between a consultant and a client that requires an upfront payment for services. Retainers can ensure availability and payment for initial efforts in case of relationship issues. Some consultants prefer retainers to cover upfront costs and guarantee payment. The agreement can include a minimum deposit or prepaid hours. The decision to charge a retainer depends on the work type and consultant's preference. You can get a free consulting agreement template online.