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Simple Retainer Agreement Template for United States

A Simple Retainer Agreement is a legal contract used in the United States to establish an ongoing professional relationship between a service provider and client. It outlines the terms under which services will be provided, including the retainer fee structure, scope of services, and duration of the arrangement. The agreement ensures compliance with both federal and state-specific regulations while protecting both parties' interests through clear terms and conditions.

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What is a Simple Retainer Agreement?

The Simple Retainer Agreement serves as a foundational document for establishing professional service relationships in the United States. This agreement is typically used when a client wishes to secure ongoing access to professional services while providing the service provider with a predictable income stream. The document addresses key elements such as service scope, payment terms, confidentiality, and termination conditions, while ensuring compliance with relevant state and federal regulations. It's particularly useful for professionals who provide regular, recurring services to clients.

What sections should be included in a Simple Retainer Agreement?

1. Parties: Identification of service provider and client, including full legal names and addresses

2. Background: Brief context of why the retainer agreement is being entered into

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of services to be provided under the retainer

5. Retainer Fee and Payment Terms: Amount, payment schedule, and what the retainer covers

6. Term and Termination: Duration of agreement and conditions for termination

7. Confidentiality: Obligations regarding confidential information

What sections are optional to include in a Simple Retainer Agreement?

1. Performance Standards: Specific service levels or standards to be maintained when measurable standards need to be established

2. Intellectual Property: Ownership and rights to work product when services involve creation of intellectual property

3. Insurance Requirements: Required insurance coverage when services involve significant risk or regulatory requirements

4. Non-Compete: Restrictions on competitive activities when protecting against competition is crucial

What schedules should be included in a Simple Retainer Agreement?

1. Schedule of Services: Detailed breakdown of services covered by the retainer

2. Fee Schedule: Detailed breakdown of fees and payment structure

3. Service Level Agreement: Specific performance metrics and standards when detailed service levels need to be specified

4. Contact Information Schedule: Key contacts for both parties when multiple stakeholders are involved

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

United States

Publisher

Genie AI

Document Type

Retainer Agreement

Cost

Free to use

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