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A consulting agreement with a retainer involves a contractor and a client, requiring an upfront payment for consulting services. This summary outlines what a retainer is, how to draft the agreement, and where to find a free consulting agreement. A consulting retainer is a payment model where consultants charge upfront fees for a guaranteed minimum number of hours, ensuring availability for the client. The decision to charge a retainer often depends on the consultant's preferences and the nature of the work. Retainer agreements typically include a minimum deposit or a predefined number of hours for service commitment, benefiting consultants by covering initial costs and ensuring payment even if the collaboration does not continue.
