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Limited Retainer Agreement

Limited Retainer Agreement Template for Australia

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Key Requirements PROMPT example:

Limited Retainer Agreement

"I need a Limited Retainer Agreement for my law firm to provide specific litigation support services to a tech startup in Sydney, with the scope limited to reviewing and drafting responses to a series of cease and desist letters, excluding any court appearances or settlement negotiations."

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Document background
The Limited Retainer Agreement serves as a crucial document in Australian legal practice, particularly in situations where clients seek specific, bounded legal services rather than comprehensive legal representation. This agreement type has become increasingly important as legal services evolve to meet changing client needs and budget constraints. It explicitly defines the scope of legal services to be provided, clearly outlining what is and isn't included in the representation. The document must comply with Australian legal profession regulations, including state-specific requirements and the Legal Profession Uniform Law (where applicable). It's particularly valuable for discrete tasks, specific court appearances, or limited advisory services, providing clarity and protection for both legal practitioners and clients while ensuring all regulatory obligations are met.
Suggested Sections

1. Parties: Identification of the law firm/lawyer and the client, including full legal names and contact details

2. Background: Context of the engagement and acknowledgment that this is a limited scope retainer

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Limited Scope', 'Fees', and 'Matter'

4. Scope of Services: Detailed description of specific legal services included in the limited retainer, with clear boundaries

5. Excluded Services: Explicit listing of services and matters not covered by the limited retainer

6. Client Acknowledgments: Client's confirmation of understanding the limited nature of the retainer and associated risks

7. Fees and Billing: Fee structure, billing arrangements, and payment terms specific to the limited scope services

8. Professional Obligations: Lawyer's continuing professional obligations within the limited scope

9. Communication: Methods and expectations for client-lawyer communications

10. Termination: Circumstances and process for ending the limited retainer

11. Governing Law: Specification that Australian law governs the agreement

Optional Sections

1. Conflict of Interest: Additional provisions for managing potential conflicts, used when lawyer provides services to multiple related parties

2. Intellectual Property: Provisions regarding ownership of documents and materials, included when significant document preparation is part of services

3. Third Party Engagement: Terms for engaging external professionals, included when services may require additional expertise

4. Insurance and Liability: Specific provisions about professional indemnity coverage and liability limitations, used in higher-risk matters

5. Document Retention: Specific terms about file retention and destruction, included when significant documentation is involved

6. Alternative Dispute Resolution: Provisions for handling disputes through mediation or arbitration, included for complex matters

Suggested Schedules

1. Schedule 1 - Detailed Scope of Services: Comprehensive list of included services with specific deliverables and milestones

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, charges, and payment terms

3. Schedule 3 - Client Information Form: Client details and matter-specific information

4. Appendix A - Costs Disclosure Statement: Mandatory costs disclosure as required by legal profession regulations

5. Appendix B - Client Acknowledgment Form: Specific acknowledgments of understanding the limited nature of services

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


























Clauses



























Relevant Industries

Legal Services

Professional Services

Financial Services

Real Estate

Technology

Healthcare

Manufacturing

Retail

Construction

Education

Non-Profit

Small Business

Relevant Teams

Legal

Compliance

Risk Management

Operations

Administration

Finance

Executive Leadership

Corporate Governance

Procurement

Contract Management

Relevant Roles

Legal Counsel

General Counsel

Lawyer

Solicitor

Legal Operations Manager

Compliance Officer

Risk Manager

Contract Manager

Business Owner

CEO

CFO

Operations Director

Practice Manager

Managing Partner

Legal Administrator

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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