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It is said that businesses must always have lawyers and accountants before the need is felt to hire one. And, with these being professional services, it is clear that there is a cost to having their services at your disposal.
If there was a one-time cost and after that, if you did not need such services, it would still be OK. However, their expertise in tackling complex situations and bailing you out of trouble is indispensable. And, it is akin to sitting on a ticking bomb to wait just before the brink of disaster.
At such times, frequent-paid consultations with these professionals can dent your pocket. However, having them with you on a retainer agreement gives you far more frequent access to them and at much lower costs. Retainer agreements are, thus, a win-win. The professional gets assured income while you acquire certain rights on their time and expertise, subject to the specifics of the final retainer agreement both parties sign.
For these agreements on sales, download our templates with a click here.
At SlideTeam, we have curated world-class presentations that deliver you insightful slides. The editable nature of these templates provides the necessary flexibility, while the content-ready heart gives you the structure you need.
Let’s take a tour.
Template 1: One-Pages Sales Consulting Retainer Agreement Report PowerPoint Presentation Template
For sales consulting, it is always essential to have a retainer agreement in place, as businesses need practical, workable suggestions at the slightest hint of a drop in sales. This one-pager is a comprehensive agreement report for hiring retainers. Use this consulting retailer agreement template to showcase client names and addresses, agreement duration, payment terms, etc. The signatures of both parties are essential, as is the prominent mention of a professional fee being charged as a retainer. This presentation template also lists the non-inclusions, including no one-on-one training sessions with the sales team. Such upfront honesty is sure to bring you long-term clients.
Template 2: One-Pager Consulting Retainer Agreement Report PowerPoint Presentation Template
Use this one-pager retainer agreement to list how many consulting services a business will offer to the other, the charges, and whether and when the money has to be paid for the contract to remain effective. The one-liner where the client says it is retaining and employing the consultant is also necessary in all such deals. If your scope of service allows, you also get to add the line that 'The consultant agrees to perform to the best of the ability, with the payment terms not explicitly mentioned, but stated as such: The client hereby agrees to pay that consultant on a monthly pace for all the services that the Consulting carries of during the previous month including any expenses that pertain to those legal services. With such a watertight document, a download of this will be an investment in your business growth.
Template 3: One-Pager Service Provider Retainer Agreement Report PowerPoint Presentation Template
The PPT Layout here provides relevant information about service-for-hire retainer agreements and deals with specifics that define the relationship. Use this presentation template to list your services, the term of the agreement, compensation to be provided, and contingency payments to be made for certain services; it also marks out services where a contingency fee will not be applicable. The payment section in the slide lists the frequency, and the checklist, which can be invoice submission, etc. Finally, this well-structured agreement becomes a legal document with the signatures of both parties on it (format provided).
Template 4: One-Pager Attorney Retainer Agreement Report PowerPoint Presentation Template
One should find a good lawyer before one needs his/her services. Once you find an excellent resource, a legal eagle, businesses often find value in having these associated with them on a retainer basis. As required, the services provided are listed in this one-pager, with the design providing for four to be spelt out. Of course, the customizable nature means you can add or delete as per choice. This PPT Template also gives a substantial share of space to the fee for services, typically charged here at per-hour rates. Special mention is made of reimbursement of incidental expenses, if any.
Template 5: One-Pager Monthly Retainer Agreement Report PowerPoint Presentation Template
This PPT Template showcases a way to draw up a monthly retainer agreement. List discounts and services provided and negotiate a separate discount table based on your need for routine but essential services like plumbing etc, on an hourly slab rate basis. Use this template to create a bundle of different services, with separate flat rates as well. This marketable PPT presentation can be yours with a download, and occupy the pride of place in your library.
Template 6: One-Pager Legal Service Retainer Agreement Report PowerPoint Presentation Template
This PPT Presentation is one example where extreme attention to detail is paid to ensure a flawless and legally sound retainer agreement between a business and a client. The slide starts with more information about the parties, and the services offered, with the term for which it is valid. This could be either when the services performed are completed, termination of the agreement, or any other. The checklist style of what's applicable for compensation needs your careful ticking and crossing out. In a departure from the previous templates, you may specify whether the retainer is refundable or adjustable. This legal document is a piece of art.
RETAIN, THEN RESPECT!
A retainer agreement is one of the most suave, cost-effective, and modern business methods to gain professional expertise on critical inputs in any business decision. Yet, one needs to be mindful that it is a legal document that one is well-advised to draft with respect to niceties of the law, taking your time over drafting it and then reading the fine print before signing.
FAQs on Retainer Agreement Templates
What is a retainer agreement?
A retainer agreement is a legal document that lists out a contract between a client and a professional (individual or company) services provider for providing services on payment of a fixed amount, plus the specific tasks that may be assigned from time to time. It lists payment terms, the detail of both parties, the conditions governing the agreement et al, usually in a one-pager, though there are other more detailed retainer agreements as well. The highlight of retainer agreement is its ability to list in detail the terms of services and payment terms to a professional, whose advice may be invaluable for business decision making.
How does a retainer agreement work?
A retainer agreement is a document that specifies that a client pays the service provider an advance payment called a retainer fee for services to be defined later, at later stages over time. It works because both parties affix their signatures to a legal document, outlining the specific inclusions and exclusion governing the retainer agreement. At the end of the day, besides the written agreement in place, common sense also dictates the way a retainer agreement plays out. For instance, a retainer agreement does not entitle a business CEO to call up a lawyer on retainer at midnight or when he/she is on a vacation, and so on.
What is the advantage of a retainer agreement?
A retainer agreement is, essentially, a win-win scenario for the professional as well as the business or the client wanting to enter into such an agreement. This means expensive consultation fee or other kinds of payments are avoided, but a fixed, usually very reasonable amount, is paid at a fixed frequency in promise of receiving professional services of highly skilled experts, be it lawyers, musicians, doctors, or even sportspersons like NBA stars or soccer superstars.
