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A consulting agreement with a retainer involves an upfront payment from an individual seeking services in exchange for consulting. This summary reviews what a retainer is, how to create the agreement, and how to obtain a free consulting agreement. A consulting retainer requires a fee that reserves the consultant for a minimum number of hours, ensuring their availability. Whether consultants charge a retainer depends on their work type and personal preference. Many prefer this fee structure to cover initial business relationship costs and secure payment for early contributions in case the relationship does not continue. Retainer agreements typically involve a minimum deposit or preordered hours of service.