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Legal Retainer Agreement

Legal Retainer Agreement Template for Nigeria

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Key Requirements PROMPT example:

Legal Retainer Agreement

"I need a Legal Retainer Agreement for a Nigerian technology startup engaging a law firm for general corporate and intellectual property matters, with monthly billing arrangements and a minimum 12-month commitment starting January 2025."

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Document background
The Legal Retainer Agreement serves as the foundational document for establishing and maintaining a professional legal services relationship in Nigeria. This agreement is essential when a client requires ongoing legal support and wishes to secure the services of a law firm on a continuing basis. The document formalizes the attorney-client relationship, setting out clear terms for service delivery, fee structures, and mutual obligations while ensuring compliance with Nigerian legal practice requirements. It is particularly important for businesses and individuals seeking regular legal counsel, as it provides certainty regarding service scope, costs, and expectations. The agreement must align with the Legal Practitioners Act and other relevant Nigerian regulations governing legal practice, making it a crucial tool for risk management and professional compliance.
Suggested Sections

1. Parties: Identification of the law firm and the client, including full legal names and addresses

2. Background: Context of the engagement and brief description of the client's need for legal services

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of legal services to be provided and any limitations

5. Terms of Engagement: General terms under which services will be provided, including duties and responsibilities of both parties

6. Professional Fees and Billing: Fee structure, billing intervals, and payment terms

7. Confidentiality: Obligations regarding confidential information and attorney-client privilege

8. Conflicts of Interest: Handling of potential conflicts and disclosure obligations

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Professional Conduct and Compliance: Commitment to professional rules and regulatory compliance

11. Dispute Resolution: Process for resolving any disputes between parties

12. Governing Law: Specification of Nigerian law as governing law

13. Execution: Signature blocks and execution details

Optional Sections

1. Multiple Office Locations: Details of different office locations if the firm provides services from multiple locations

2. Specialized Services: Specific provisions for specialized legal services or practice areas

3. International Services: Provisions for international legal work or cross-border services

4. Client Communication Preferences: Specific arrangements for communication methods and reporting

5. File Retention: Specific terms for document retention and file management

6. Intellectual Property: Provisions regarding ownership of work product and intellectual property

7. Force Majeure: Provisions for unforeseen circumstances affecting service delivery

Suggested Schedules

1. Schedule A - Fee Structure: Detailed breakdown of fees, hourly rates, and payment terms

2. Schedule B - Scope of Services: Detailed description of specific services covered under the retainer

3. Schedule C - Authorized Representatives: List of client personnel authorized to give instructions

4. Schedule D - Compliance Requirements: Specific compliance requirements and procedures

5. Appendix 1 - Standard Terms and Conditions: Detailed standard terms and conditions of the firm

6. Appendix 2 - Communication Protocols: Detailed procedures for client communications and reporting

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

Financial Services

Manufacturing

Technology

Real Estate

Energy

Healthcare

Telecommunications

Construction

Mining

Retail

Agriculture

Transportation

Education

Professional Services

Relevant Teams

Legal

Executive Leadership

Finance

Compliance

Risk Management

Corporate Affairs

Procurement

Human Resources

Operations

Business Development

Relevant Roles

Chief Executive Officer

General Counsel

Legal Director

Company Secretary

Chief Financial Officer

Managing Director

Head of Legal

Legal Operations Manager

Compliance Officer

Risk Manager

Corporate Affairs Director

Business Development Director

Procurement Manager

Human Resources Director

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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