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A consulting agreement with a retainer involves a consultant and a client, requiring an upfront payment for consulting services. A retainer ensures the consultant is available for a set number of hours, providing financial security for both parties. Consultants may prefer retainers to cover initial costs and guarantee payment in case the relationship does not continue. The agreement typically includes a minimum deposit and predetermined hours of service. Understanding the structure of retainer agreements and how to create them, as well as accessing a free consulting agreement, are key considerations for those seeking such arrangements.
