EXPERIENCED ADVOCATE FOR RETAINERSHIP AT AFFORDABLE AND REASONABLE RATES IN ANDHERI EAST NEAR METROPOLITAN MAGISTRATE COURT CAN A LAWYER BE A RETAINER? To have a lawyer on retainer means that you – the client – pay a lawyer a small amount on a regular basis. In return, the lawyer performs specific legal services whenever you need them .WHAT IS RETAINER PAID FOR? A retainer fee is an amount of money paid upfront to secure the services of a consultant, freelancer, lawyer, or other professional. A retainer fee is most commonly paid to individual third parties that have been engaged by the payer to perform a specific action on their behalf. WHAT IS LEGAL RETAINER IN INDIA? A legal retainer agreement is an agreement with a law firm or an individual practitioner to keep a law firm or solicitor on hand for all your legal needs. The sum paid towards a legal retainer can either be a monthly or quarterly recurring payment which provides for an all-inclusive service as enumerated in the terms of the retainer-ship agreement, which can be worded based on the legal requirement of an organization. WHAT IS THE PURPOSE OF A RETAINER? Briefly, a retainer’s aim is to provide a client access to your service on an ongoing basis. In doing so, a retainer contract offers clients an opportunity to avail services valuable to their business regularly. In certain cases, retainer service providers also offer discounted pricing to their clients for the regular work that they agree to. The exact, however, depends on the type of retainer you offer. BENEFITS OF ENTERING INTO LEGAL RETAINERSHIP AGREEMENT: Accessibility – One of the benefits of legal retainer-ship is that the legal services will be readily accessible as and when a situation for reliable legal advice or representation arises. For business owners, retainer-ship is especially important in these tough times, as every organization may have to deal with a range of legal requirements under varying laws, from employment laws to data protection legislation, legal compliances of government norms, new legislations, regulations, guidelines, fiscal/ tax matters etc. Better service – when an organization hires an outside solicitor, the chances are that the result may not be as per the expectations of the organization. However, a specialized team working closely on retainer-ship has more in-depth understanding of the business and the interconnected challenges, risk exposures connected with the business etc., thereby enabling the business to thrive with considerable comfort knowing that the services would be personalized and well suited to all its requirements. Economical and affordable – with a specialized team, one can comfortably get the legal guidance needed, without worrying about the cost of each phone call/email or consultation, especially at this moment when there is so much turbulence in the economy. Having retainers on call, can also help prevent costly and time-consuming legal disputes, and avoid civil or criminal liabilities in the long run. Reliability – with a specialized team on board, clients and business will always be updated with the new legal requirements and any legal advice would be backed up by reliable and trustworthy professional suggestions. tools to give you peace of mind, unavailable to an in-house legal team. WHAT ARE THE TASK, ACTIVITIES, SERVIcES WHICH FORM A PART OF THE RETAINER AGREEMENT? 1) Provide consultations, advices and opinion (Oral & Written) on all sort of affairs having legal implications as and when required/demanded by the Clients. 2) Settling of letters/ reply having legal implications on the matters related to the Client’s business. 3)Vetting of pleadings, counter affidavits, replies etc. to be filed by clients in the litigation cases before various judicial forum as and when required. 4) Rendering the legal advice in respect of further course of action the litigation cases pending and/or disposed off by the various Judicial forum 5) Briefing and attending the meeting with the counsels nominated in the litigation cases including the Arbitration proceedings pertaining to the clients. 6) Vetting of all types of Agreements/ MOU’s/ Tender Notices/Show Cause Notices/ Order to the clients. 7) Briefing the counsels nominated in the litigation cases pertaining to the clients. 8) Vetting the drafts of sublease agreements and render the advice in case of any modification in the point of legal implications. 9) Attend the meeting called for by the clients with third parties on the issues having legal implication. 10) Advisory on corporate law and board related matters including agenda and minutes of board meetings or the committee thereof. 11) Drafting and/ or vetting of policies relating different functions of the Company 10) Any other work of legal nature assigned from time to time mutually agreed upon. WHAT IS THE DIFFERENCE BETWEEN A RETAIN AND A CONSULTANT? A retainer fee is a sum that a client pays to a consultant to secure their se