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A consulting agreement with a retainer is a contract between a consultant and a client, requiring upfront payment for services. This payment reserves the consultant's availability for a set number of hours. Consultants may choose to charge a retainer to cover their initial costs and ensure payment for efforts made, even if the relationship ends early. The decision to charge a retainer varies by the type of work and the consultant's preferences. Retainer agreements typically include a minimum deposit or a predetermined number of service hours, differentiating them from agreements without retainers.