Retainer Agreement Sample

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

[Letterhead of Law Firm]

[Date]

[Client's Name]
[Client's Address]
[City, Province, Postal Code]

Dear [Client's Name],

RE: RETAINER AGREEMENT

We are pleased to confirm our engagement by you as legal counsel to represent you in the matter
of [Case Name], pending before the Regional Trial Court of [Location]. This letter constitutes
our agreement (the "Agreement") regarding the terms of our engagement and the scope of legal
services we will provide to you.

1. Representation: We agree to represent you in the aforementioned case related to Anti


Money Laundering charges. Our representation includes, but is not limited to, providing
legal advice, preparing and filing necessary pleadings, attending court hearings,
negotiating settlements if applicable, and representing you at trial.

2. Scope of Services: Our representation will encompass all aspects of the legal
proceedings, including pre-trial conferences, discovery, motions practice, trial
preparation, and any appeals that may arise. We will keep you informed of significant
developments in your case and provide you with regular updates on its progress.

3. Fees and Billing: Our legal fees will be billed on a retainer basis, as follows:

a. Initial Retainer: You agree to pay an initial retainer fee of [Amount in Philippine
Pesos], which shall be deposited with our firm upon the execution of this Agreement.
This retainer will be applied against our fees for services rendered and expenses incurred
on your behalf.

b. Hourly Rates: Our legal fees will be billed at our standard hourly rates, which are
currently as follows:

Senior Partner: [Amount in Philippine Pesos] per hour


Junior Partner/Senior Associate: [Amount in Philippine Pesos] per hour
Associate: [Amount in Philippine Pesos] per hour

c. Expenses: In addition to legal fees, you agree to reimburse us for reasonable out-of-
pocket expenses incurred in connection with your case, including court filing fees, expert
witness fees, travel expenses, and photocopying costs.

Note: This Retainer Agreement was drafted with the assistance of AI (ChatGPT).
4. Billing and Invoicing: We will provide you with monthly billing statements itemizing the
services performed and expenses incurred during the preceding month. Payment of
invoices is due within [number of days] days of the date of the invoice.

5. Termination: Either party may terminate this Agreement upon written notice to the other
party. In the event of termination, you agree to pay us for all services rendered and
expenses incurred up to the date of termination.

6. Confidentiality: We will maintain the confidentiality of all information related to your


case in accordance with the rules of professional conduct governing lawyers in the
Philippines.

7. Governing Law: This Agreement shall be governed by and construed in accordance with
the laws of the Philippines.

By accepting the retainer fee payment, you warrant that you have clear and unrestricted title to
the funds provided as the initial retainer fee and that no liens, claims, or encumbrances exist on
the funds. You agree to indemnify and hold harmless our firm from any claims, liabilities, or
damages arising from any defect in title to the retainer fee funds. In the event that any third party
asserts a claim to the retainer fee funds, you agree to cooperate fully with our firm in defending
against such claim and to promptly reimburse us for any costs, expenses, or damages incurred as
a result of the claim.

Please indicate your acceptance of the terms of this Agreement by signing and returning a copy
to our office. If you have any questions or concerns regarding the terms of this Agreement,
please do not hesitate to contact us.

Thank you for entrusting us with your legal representation. We look forward to working with you
to achieve a successful outcome in your case.

Sincerely,

[Your Name]
[Your Title]
[Law Firm Name]
[Law Firm Address]
[City, Province, Postal Code]
[Contact Information]

Note: This Retainer Agreement was drafted with the assistance of AI (ChatGPT).

You might also like