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Retainer Form Template for Singapore

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Key Requirements PROMPT example:

Retainer Form

"Need a Retainer Form for my Singapore law firm to engage a corporate client in the tech sector, including specific provisions for IP protection and data privacy compliance, with services commencing January 2025."

Document background
The Retainer Form is essential for formalizing professional relationships between legal service providers and their clients in Singapore. This document is required when establishing ongoing legal representation and must comply with Singapore's Legal Profession Act and associated regulations. The form typically includes detailed fee structures, scope of services, confidentiality provisions, and conflict of interest declarations. It serves as a foundational document for legal engagements, protecting both the law firm's and client's interests while ensuring regulatory compliance in the Singapore legal market.
Suggested Sections

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

2. Background: Context of the engagement and nature of the legal relationship

3. Definitions: Key terms used in the retainer agreement

4. Scope of Services: Detailed description of legal services to be provided under the retainer

5. Fee Structure: Billing rates, payment terms, disbursements and retainer amount details

6. Confidentiality: Obligations regarding client information and confidential materials

7. Termination: Conditions and process for ending the retainer relationship

Optional Sections

1. Conflict of Interest: Provisions for disclosure and handling of potential conflicts with other clients

2. Document Retention: Policies for maintaining client files and documents after engagement

3. Intellectual Property: Terms regarding ownership of work product and materials created during engagement

4. Anti-Money Laundering Compliance: Provisions relating to AML obligations and client due diligence requirements

Suggested Schedules

1. Schedule A - Fee Schedule: Detailed breakdown of hourly rates, fixed fees, and billing arrangements

2. Schedule B - Team Structure: List of key personnel, their roles, and respective billing rates

3. Schedule C - Specific Matter Details: Detailed scope for specific matters or cases covered under the retainer

4. Schedule D - Standard Terms and Conditions: Additional terms and conditions governing the retainer relationship

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Industries

Legal Profession Act (Cap. 161): Primary legislation governing legal practice in Singapore, including requirements for retainer agreements and professional obligations

Legal Profession (Professional Conduct) Rules 2015: Detailed regulations on professional conduct, including guidelines for client engagement and fee arrangements

Legal Profession (Law Practice Entities) Rules 2015: Rules governing the structure and operation of law practices, affecting how retainer agreements can be formed

Legal Profession (Solicitors' Remuneration) Order: Regulations specifically addressing fee structures and remuneration in legal services

Consumer Protection (Fair Trading) Act: Legislation ensuring fair trading practices and consumer protection in service agreements

Unfair Contract Terms Act: Law governing the fairness of contractual terms, particularly important in standard form contracts like retainers

Personal Data Protection Act 2012 (PDPA): Legislation governing the collection, use, and disclosure of personal data in Singapore

Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act: Anti-money laundering legislation affecting client due diligence requirements in retainer agreements

Legal Profession (Prevention of Money Laundering and Financing of Terrorism) Rules: Specific rules for lawyers regarding anti-money laundering compliance in client engagements

Electronic Transactions Act: Law governing electronic transactions and digital signatures, relevant for electronic execution of retainer agreements

Supreme Court Practice Directions: Procedural guidelines issued by the Supreme Court affecting legal practice and client representation

State Courts Practice Directions: Procedural guidelines issued by the State Courts affecting legal practice and client representation

Singapore Law Society Practice Directions: Professional guidelines issued by the Law Society of Singapore affecting client engagement and practice management

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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