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Flat Fee Retainer Agreement Template for Ireland

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Key Requirements PROMPT example:

Flat Fee Retainer Agreement

"I need a Flat Fee Retainer Agreement for my IT consultancy firm based in Dublin, providing monthly technical support services to a software company, starting March 2025, with a fixed monthly fee of €5,000 and specific data protection provisions."

Document background
This Flat Fee Retainer Agreement is designed for use in professional service arrangements under Irish law where a service provider commits to delivering specified services to a client for a predetermined fixed fee. The document is particularly valuable for businesses seeking to establish predictable costs for ongoing professional services while ensuring clarity in service scope and deliverables. It includes essential provisions required by Irish legislation, including data protection compliance, professional indemnity requirements, and service standards. This agreement type is commonly used by professional service firms, consultancies, and advisory businesses operating in Ireland, providing both parties with certainty regarding service scope and costs while maintaining flexibility for long-term professional relationships.
Suggested Sections

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

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Retainer Fee', 'Term', etc.

4. Scope of Services: Detailed description of the services covered under the retainer arrangement

5. Retainer Fee and Payment Terms: Specification of the flat fee amount, payment schedule, and what the fee covers

6. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

7. Service Provider's Obligations: Key responsibilities and commitments of the service provider

8. Client's Obligations: Key responsibilities and commitments of the client

9. Confidentiality: Obligations regarding confidential information handling

10. Data Protection: GDPR compliance and data handling procedures

11. Professional Indemnity: Professional insurance coverage and liability limitations

12. Governing Law: Specification of Irish law as governing law and jurisdiction

13. Entire Agreement: Standard boilerplate confirming this as the complete agreement between parties

Optional Sections

1. Conflict Resolution: Specific procedures for handling disputes, recommended for high-value retainers

2. Force Majeure: Provisions for unforeseen circumstances, recommended for long-term retainers

3. Assignment: Rights to transfer the agreement, needed if either party might need to assign rights

4. Non-Solicitation: Prevents hiring of staff, relevant for business-to-business arrangements

5. Intellectual Property: IP rights provisions, needed if services involve creative or technical work

6. Service Levels: Specific performance metrics, useful for complex service arrangements

7. Additional Services: Procedure for requesting services outside retainer scope, useful for flexible arrangements

Suggested Schedules

1. Schedule 1 - Detailed Service Description: Comprehensive list of services included in the retainer

2. Schedule 2 - Fee Schedule: Detailed breakdown of the retainer fee and payment milestones

3. Schedule 3 - Key Personnel: List of main service providers and their roles

4. Appendix A - Service Level Requirements: Specific metrics and standards for service delivery

5. Appendix B - Data Processing Agreement: Detailed GDPR-compliant data processing terms

Authors

Alex Denne

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

Relevant legal definitions

























Clauses




























Relevant Industries

Legal Services

Consulting

Accounting

IT Services

Marketing

Business Advisory

Professional Services

Financial Services

Healthcare

Engineering

Relevant Teams

Legal

Finance

Procurement

Operations

Compliance

Business Development

Professional Services

Client Services

Administration

Risk Management

Relevant Roles

Managing Director

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Compliance Officer

Operations Manager

Procurement Manager

Contract Manager

Business Development Manager

Finance Director

Professional Services Director

Partner

Senior Consultant

Practice Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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