Retainer Contracts

Out of context: Reply #6

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  • jtb260

    For god's sake do not forget to specify how much time their monthly/weekly payment gets them. I only say this because I've seen people accept a retainer contract with out it and it's (obviously) a nightmare.

    Agree with all on the do not bank hours deal.

    I would be wary of giving them more of 30% of your time Let's just say you gave them 50% of your time, how would it be if they decide to drop your contract and you suddenly have 50% less income. No good.

    Speaking of which I'd add an early cancelation fee equal to 1 months work. Also a renewal deadline. If they wait until the last day of your contract to tell you they are not going to renew you're boned. Balls to that.

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