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Retainer Letters
"I need a Retainer Letter for a technology startup client, covering ongoing corporate legal services starting January 2025, with monthly billing at standard hourly rates and provisions for potential Series A financing work."
1. Attorney and Firm Introduction: Identification of the attorney(s) and law firm handling the matter
2. Client Identification: Clear identification of the client(s) being represented
3. Scope of Services: Detailed description of legal services to be provided and any limitations
4. Fee Structure: Clear explanation of billing rates, retainer amount, and payment terms
5. Billing Practices: Description of billing frequency, minimum billing increments, and expense handling
6. Client Rights and Responsibilities: Outline of client's obligations and rights in the relationship
7. Communication Protocol: How and when communications will occur between attorney and client
8. File Retention Policy: Information about document retention and file handling
9. Termination Provisions: Circumstances and process for ending the attorney-client relationship
10. Acknowledgment and Signature: Space for client acceptance and date of agreement
1. Conflict of Interest Disclosure: Required when potential conflicts exist that need to be disclosed and waived
2. Special Fee Arrangements: Used when incorporating alternative fee arrangements or special billing considerations
3. Multiple Client Provisions: Required when representing multiple clients in the same matter
4. Third Party Payment Arrangements: Needed when someone other than the client is responsible for payment
5. Specialist Disclaimer: Required in jurisdictions where claiming specialization requires specific certification
6. Alternative Dispute Resolution: Optional provisions for handling potential disputes through mediation or arbitration
7. Outside Counsel Provisions: Required when coordinating with other law firms or outside counsel
1. Schedule of Hourly Rates: Detailed breakdown of hourly rates for different attorney levels and staff
2. Expense Policy: Detailed policy regarding reimbursable expenses and handling of costs
3. Team Biography: Professional backgrounds of key team members assigned to the matter
4. Specific Matter Description: Detailed description of the specific legal matter when scope is complex
5. Related Party Authorization: Forms for authorizing communication with related parties or entities
Authors
Legal Services
Professional Services
Financial Services
Healthcare
Technology
Manufacturing
Real Estate
Energy
Retail
Transportation
Education
Non-Profit
Entertainment
Construction
Insurance
Legal
Compliance
Risk Management
Executive Leadership
Finance
Operations
Human Resources
Administration
Corporate Governance
Business Development
Procurement
Chief Legal Officer
General Counsel
Associate General Counsel
Legal Director
Corporate Secretary
Compliance Officer
Risk Manager
Chief Executive Officer
Chief Financial Officer
Operations Director
Human Resources Director
Business Development Manager
Contract Manager
Legal Operations Manager
Partner
Associate Attorney
Legal Administrator
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