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A consulting agreement with a retainer is a contract between a consultant and a client that includes an upfront payment for consulting services. The retainer reserves the consultant for a set minimum number of hours, ensuring their availability. Whether to charge a retainer depends on the consultant's work type and personal preference. Many consultants prefer retainers to cover initial costs and guarantee payment for their early efforts, especially if the consulting relationship does not continue. A typical retainer agreement involves a minimum deposit or predetermined number of hours required for services.