Retainer Fee Retainer Agreement Sample
A retainer agreement is a contract between a company and a service provider that lays out the details of a retainer arrangement for example the length of the retainer period the payments that will be provided and details of termination.
Retainer fee retainer agreement sample. Contingency fee agreement used by consultants mainly attorneys to incorporate a larger fee paid if certain goals are met. The retainer fee is an advance payment of professional fee for the provision of services required by the client. In consideration of the covenants mutual promises of the parties and other valuable consideration the. If a retainer is not paid at this time or if the balance in the trust account falls below we reserve the right to require payment of a retainer or an additional retainer as the case may be at any later.
What is a retainer fee. This document is similar. Attorney lawyer retainer agreement specifically for licensed attorneys to establish their hourly pay as well as any paralegals while accepting pre payment for their services. A retainer agreement is a contract wherein a client retains the services of a service provider or independent contractor who renders the services in exchange for a retainer fee.
A retainer fee is a down payment that is to be applied toward the total fee billed by the attorney advocate. The parties have agreed to retain the services of to provide with the following service. A retainer agreement for ongoing client services. Between an individual of the following address.
Created and approved by legal experts. Consulting retainer agreement this agreement is made effective as of 2005 by and between and bob stackhouse of preferred financial consulting of 8863 greenback lane 210 orangevale california 95662. The secret to understanding when you may keep a retainer is distinguishing between a real retainer fee of legal counsel which is paid solely to make sure the attorney s availability for a certain matter and a fee paid in advance to cover ongoing fees in a legal issue. Consulting retainer agreement templates 54394 consulting retainer agreement templates free 47 consulting agreement samples in pdfsample retainer agreement lawyer102 retainer agreement sample 3 this agreement for legal.
In this agreement the party who is contracting to receive services shall be referred to as. And an individual of the following address. Sections for retainer payments service limits and other legal protections. Retainer in trust until fees or expenses are incurred at which time the retainer may be used to pay the legal fees or expenses.
A legal retainer agreement is a work for hire contract for legal services by a lawyer attorney.