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A consulting agreement with a retainer involves an upfront payment for consulting services, ensuring the consultant's availability for the client. Retainers help cover upfront costs and guarantee payment for initial efforts in case the relationship ends. The decision to charge a retainer depends on the type of work and consultant preference. Retainer agreements typically include a minimum deposit or required number of hours. To create a consulting agreement with a retainer, ensure clear terms and consider getting a free template for guidance.
