Document background
The Retainership Contract is essential for businesses and professionals in the United States seeking to establish long-term professional service relationships with guaranteed availability and defined service parameters. This document is commonly used when a client requires regular access to professional expertise or services and wishes to secure priority attention from the service provider. The contract typically includes detailed provisions for service scope, retainer fees, performance standards, and termination rights, while ensuring compliance with both federal and state-specific legal requirements. It's particularly valuable for professional service providers such as lawyers, consultants, accountants, and advisory firms who offer ongoing services to their clients, providing clarity on service expectations, payment terms, and mutual obligations while protecting both parties' interests.
