What are the common mistakes in retainer agreements?
Common mistakes include vague terms, unclear payment structures, and not defining the scope of work.
Can you explain why vague terms are a problem?
Vague terms can lead to misunderstandings and disputes, as both parties may have different interpretations.
What should be included to avoid these issues?
Include specific details about services, timelines, payment terms, and responsibilities to ensure clarity.
Are there any legal considerations I should be aware of?
Yes, ensure compliance with local laws and regulations, and consider having a lawyer review the agreement.
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