• About us
    • Contact us
  • Why SCOPE Better
    • SCOPE Better vs
    • Integrations
    • Pricing
  • Partners
  • Case Studies
  • Knowledge hub
    • Blog
    • Glossary
    • FAQs
  • About us
    • Contact us
  • Why SCOPE Better
    • SCOPE Better vs
    • Integrations
    • Pricing
  • Partners
  • Case Studies
  • Knowledge hub
    • Blog
    • Glossary
    • FAQs
Signup

  • About us
    • Contact us
  • Why SCOPE Better
    • SCOPE Better vs
    • Integrations
    • Pricing
  • Partners
  • Case Studies
  • Knowledge hub
    • Blog
    • Glossary
    • FAQs
BOOK A DEMO

  • About us
    • Contact us
  • Why SCOPE Better
    • SCOPE Better vs
    • Integrations
    • Pricing
  • Partners
  • Case Studies
  • Knowledge hub
    • Blog
    • Glossary
    • FAQs
BOOK A DEMO

Retainer

A retainer in professional services is an upfront fee paid by a client to secure the services of a consultant, attorney, or other professional for a specific period. This financial arrangement is often used for projects with an uncertain scope or duration, serving as a kind of insurance that the professional will remain available to the client. Retainers are commonly used in legal practices but can also be found in consulting, advertising, and freelancing environments. They are sometimes a flat fee but can also be a percentage of the estimated cost of a project. Retainer agreements usually outline the specific terms under which the retainer will be applied, such as the hourly rate for services and how many hours the retainer covers. Retainers offer professionals a more predictable income stream and help to cover basic expenses during slow periods. For clients, they offer the assurance of having expert help readily available when needed, but they must also exercise due diligence to ensure that services are rendered in a manner commensurate with the retainer fee.

Want to know more?
Questions, comments & media enquiries.
Whether you’re exploring how to SCOPE Better, need answers to specific questions, or want to see our award winning CPQ solution we’re always happy to chat. Contact us via the form below and we’ll get back to you as soon as we can.

Follow us

Linkedin Twitter Youtube

89 Kingstreet St
#3200 London,
PObox 19103
(433) 896-0455

© Copyright 2015-2020
Facebook-f Twitter Linkedin Instagram

Company

About Us
Company Blog
Testimonials
Careers
Contact Us

Tools

Pricing
Resources
Compare Us
Support

Platform

Payroll
Benefits
Integrations
Scope better_horizontal_gradient white & orange_RGB

Company

About Us
Contact us

Product

Why Scope
Pricing
Book a demo
Knowledge hub
Blog
Glossary
FAQ

Case Studies

FIG
PHM
Oliver
dentsu
BMB

Competitors

SCOPE Better vs. Provus
SCOPE Better vs. Salesforce CPQ
SCOPE Better vs. DealHub
SCOPE Better vs. WorkRails

Legal

Terms & Conditions
Privacy Policy
The Virtu Group 84 Eccleston Square London, SW1V 1PX United Kingdom
The Virtu Group 1277 E Thacker St Des Plaines, Illinois 60016 United States
The Virtu Group 356 George St Sydney NSW 2000 Australia

©2017-2023 The virtu group. All rights reserved.

Linkedin Twitter Youtube