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Joint Retainer Agreement Template for India

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Key Requirements PROMPT example:

Joint Retainer Agreement

"Need a Joint Retainer Agreement for a Mumbai-based law firm representing three family members in a business succession dispute, with specific provisions for maintaining family relationships and equal access to information."

Document background
The Joint Retainer Agreement is essential when multiple parties require unified legal representation in India while maintaining their individual rights and responsibilities. This document is commonly used in situations such as family businesses seeking legal counsel, multiple investors in a single venture, or related companies requiring coordinated legal services. The agreement must comply with Indian legal requirements, including the Advocates Act, 1961 and Bar Council of India Rules, while clearly defining the scope of services, fee arrangements, and protocols for handling potential conflicts of interest. Key considerations in the Joint Retainer Agreement include information sharing between clients, decision-making processes, confidentiality obligations, and termination rights. The document serves as a crucial risk management tool for both legal practitioners and clients by establishing clear boundaries and expectations in multi-party representations.
Suggested Sections

1. Parties: Identification of all parties to the agreement including the law firm/lawyers and multiple clients entering into the joint retainer

2. Background: Context of the legal representation and relationship between the joint clients

3. Definitions: Key terms used throughout the agreement including 'Services', 'Joint Clients', 'Conflict of Interest', etc.

4. Scope of Services: Detailed description of legal services to be provided, including any limitations

5. Joint Representation Terms: Specific terms governing the joint nature of the representation, including information sharing and decision-making processes

6. Conflicts of Interest: Acknowledgment and waiver of potential conflicts between joint clients, and protocol for handling future conflicts

7. Fees and Payment Terms: Fee structure, payment obligations, and allocation of costs between joint clients

8. Confidentiality: Confidentiality obligations, including sharing of information between joint clients

9. Term and Termination: Duration of the agreement and circumstances under which it may be terminated

10. Communication Protocol: Procedures for communications between the lawyer and joint clients

11. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes

12. Execution: Signature blocks for all parties and execution formalities

Optional Sections

1. Insurance: Details of professional indemnity insurance, required if specifically requested by clients or for high-value matters

2. Alternative Dispute Resolution: Procedures for resolving disputes through mediation or arbitration, recommended for complex arrangements

3. Intellectual Property: Provisions regarding ownership of work product, necessary when IP-related services are involved

4. Force Majeure: Provisions for unforeseen circumstances affecting service delivery, recommended for long-term engagements

5. Assignment: Rights and restrictions regarding transfer of rights under the agreement, useful for corporate clients

6. Severability: Provisions ensuring remainder of agreement stays valid if parts are found unenforceable, recommended for complex agreements

Suggested Schedules

1. Schedule A - Scope of Services: Detailed breakdown of specific legal services to be provided

2. Schedule B - Fee Schedule: Detailed fee structure, hourly rates, and payment terms

3. Schedule C - Authorized Representatives: List of individuals authorized to give instructions on behalf of each joint client

4. Schedule D - Conflict Check Results: Results of initial conflict checks and identified potential conflicts

5. Appendix 1 - Communication Protocol: Detailed procedures for communications between parties

6. Appendix 2 - Document Retention Policy: Policy regarding retention and handling of client documents

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

Professional Services

Corporate

Real Estate

Family Business

Manufacturing

Technology

Financial Services

Construction

Healthcare

Relevant Teams

Legal

Compliance

Risk Management

Corporate Secretarial

Finance

Executive Leadership

Board of Directors

Corporate Governance

Operations

Relevant Roles

General Counsel

Legal Director

Chief Legal Officer

Company Secretary

Managing Director

Chief Executive Officer

Chief Financial Officer

Compliance Officer

Risk Manager

Board Director

Senior Partner

Managing Partner

Legal Operations 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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