Retainer agreement

Retainer agreement

A retainer agreement is work for hire contract intermediate between simple contracting and direct employment but essentially still contracting. One element that distinguishes it from any other service contract is that a primary consideration which the buyer purchases is an option on the sellers time. Another is that it is often a more general hire (and thus more like employment) than the typical contract which is focused on a particular single task or project. For this reason a separate agreement may be in effect for the performance aspect of the contractual relation between buyer and seller.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • retainer — re·tain·er /ri tā nər/ n [Anglo French retener act of engaging or employing, from retener retenir to engage, retain] 1: the act of a client by which the services of a lawyer are engaged 2: a fee paid to a lawyer for advice or services or for a… …   Law dictionary

  • Retainer — A retainer may refer to: * In feudal times, a retainer may be an individual who serves, is contracted, or is indebted to a lord, king or emperor. These individuals ranged from knights and lords in Europe, to warlords and samurai in Asia. Similar… …   Wikipedia

  • retainer — The act of withholding what one has in one s own hands by virtue of some right. In the practice of law, when a client hires an attorney to represent him, the client is said to have retained the attorney. This act of employment is called the… …   Black's law dictionary

  • retainer — The act of a person in engaging an attorney at law professionally, whether by express agreement or impliedly by seeking and obtaining his advice and assistance. 7 Am J2d Attys § 91. A preliminary fee given to counsel to secure his services or to… …   Ballentine's law dictionary

  • Duty of confidentiality — Professional responsibility D …   Wikipedia

  • Advance-fee fraud — African sting An advance fee fraud is a confidence trick in which the target is persuaded to advance sums of money in the hope of realizing a significantly larger gain.[1] Among the variations on this type of scam are the Nigerian Letter (also… …   Wikipedia

  • Harry Aubrey Toulmin, Sr. — Harry Aubrey Toulmin, Sr. (1858 ndash; May 17, 1942) [The Ohio Death Index lists Harry A Toulmin Sr.; died 25 Mar 1942; Montgomery County ] was the American lawyer located in Springfield, Ohio, who wrote the flying machine patent application that …   Wikipedia

  • Oneida Cnty. v. Oneida Indian Nation of N.Y. State — Supreme Court of the United States Argued Oct. 1, 1984 …   Wikipedia

  • Usual, customary and reasonable — (UCR) was an American method of generating health care prices,[1] described as more or less whatever doctors decided to charge. [2] According to Steven Schroeder, Wilbur Cohen inserted UCR into the Social Security Act of 1965 in an unsuccessful… …   Wikipedia

  • Business broker — A business broker is a person or firm who/which acts as an intermediary between sellers and buyers of small businesses. Business brokers, also called business transfer agents, or intermediaries, assist buyers and sellers of privately held small… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”