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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. A retainer reserves the consultant for a specified number of hours, ensuring their availability. Whether a consultant charges a retainer depends on the type of work and personal preference. Consultants often prefer retainers to cover upfront costs and ensure payment for initial efforts, even if the business relationship does not continue. Retainer agreements typically include a minimum deposit or a predetermined number of required hours, distinguishing them from agreements without retainers.