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A consulting agreement with a retainer involves an upfront payment from a client to a consultant in exchange for their services. This arrangement secures a consultant for a specified number of hours and ensures their availability. Consultants may choose to charge a retainer based on their work type and personal preference, as it helps cover initial business relationship costs and guarantees payment for early efforts in case the relationship ends prematurely. In contrast to agreements without retainers, retainer agreements typically require a minimum deposit or a predetermined number of services.