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Legal Retainership Agreement Overview

The document outlines the terms and conditions of a legal retainership agreement between a law office and the xxx Corp. The law office will provide legal advice, consultations, and discounted fees for contract reviews and drafting. The xxx Corp will pay a monthly retainer fee of xxx thousand pesos by automatic deposit by the 15th of each month without notice or demand. The agreement will continue indefinitely unless terminated in writing by either party within 30 days of the intended termination date. Additional fees are specified for outside meetings and actual costs incurred will be covered by a deposit maintained with the law office. Special legal matters will be covered by separate agreements.

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Json Galvez
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740 views2 pages

Legal Retainership Agreement Overview

The document outlines the terms and conditions of a legal retainership agreement between a law office and the xxx Corp. The law office will provide legal advice, consultations, and discounted fees for contract reviews and drafting. The xxx Corp will pay a monthly retainer fee of xxx thousand pesos by automatic deposit by the 15th of each month without notice or demand. The agreement will continue indefinitely unless terminated in writing by either party within 30 days of the intended termination date. Additional fees are specified for outside meetings and actual costs incurred will be covered by a deposit maintained with the law office. Special legal matters will be covered by separate agreements.

Uploaded by

Json Galvez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Thank you for communicating the desire of your company to retain our legal services.

We are glad to extend our external legal Retainership for the legal needs of your Company, the
xxx Corp.

Stated below are the terms and conditions, for your conforme hereunder:

1. Purpose/Coverage: Legal advice/consultations thru personal meetings, telephone, SMS,


email, fax or postal mail.

Contracts for review or for draw up by the law office shall be charged at a discounted fee of fifty
per cent (50%) from the normal charges thereof, which depend on the time invested therein by
the handling lawyer.

Other operations advise shall also be charged at a 50% discount, compared to the normal
charges therefor.

2. Monthly Retainer Fee and Mode of Payment: xxx Thousand Pesos (Pxxx/month, to be
automatically deposited to our “xxx Bank Account, xxx Branch, xxx City, Current Account Name:
xxx, Current Account No. xxx ”, not later than every 15th day of every month, without need of
notice/demand therefor.

There shall also be added an additional one-month retainer fee every December of each year
that the herein Legal Retainership Agreement is effective.

3. Period and Renewability: This Legal Retainership Agreement SHALL CONTINUE TO BE IN


EFFECT, WITHOUT NEED OF YEARLY RENEWAL, UNLESS TERMINATED IN WRITING, by either
party, within thirty (30) days before the intended termination date.

4. Meetings Outside the Law Office – A lawyer of the law office who attends a legal meeting
outside Batangas City and within the cities of Makati, Manila, Pasay, Paranaque or Muntinlupa
shall be entitled to an appearance fee of xxx THOUSAND PESOS (Pxxx) per such outside meeting
in the said specified cities.

Outside the abovementioned five (5) cities but within Metro Manila, the appearance fee shall be
Pxxx.00 per such meeting.

5. Deposit for Actual Costs. – The client shall maintain a deposit with the law office in the
amount of xxx Thousand Pesos (Pxxx) to cover all actual costs of the law office for the client,
e.g., paralegal staff time, transportation, meals for field work required by the client, postage,
xerox/reproduction, computer printing, fax, long distance calls, mobile phone calls, and other
actual out-of-pocket expenses incurred by the law office as it serves the legal needs of the
client.
The said deposit shall be liquidated and reported to the client in writing by the law office for
replenishment purposes from time to time when the said deposit is about 50% depleted.

6. Special Legal Matters or Court Cases. – Specific court cases or special legal missions or
assignments in behalf of the client shall be covered by separate special legal retainership
agreements, the terms and conditions of which shall be subject to negotiation and agreement
by the parties.

Thank you.

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