The General Counsel Retainer Agreement is essential for organizations requiring regular legal support in the Philippines. It is typically used when a company needs consistent access to legal services without maintaining a full in-house legal department or requires external legal support to complement existing in-house capabilities. The agreement, governed by Philippine law, establishes a formal relationship between the law firm and the client, detailing the scope of services, fee arrangements, and professional obligations. It includes provisions for regular legal advisory services, compliance support, and corporate secretarial work, while adhering to Philippine regulatory requirements, including those set by the Supreme Court and the Securities and Exchange Commission. This document is particularly important for ensuring clear understanding of service expectations, professional responsibilities, and commercial terms in long-term legal service relationships.
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1. Parties: Identification of the law firm/attorney and the client, including their legal status and addresses
2. Background: Context of the agreement and the intention to establish a retainer relationship
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Fees', 'Term', etc.
4. Scope of Services: Detailed description of legal services to be provided under the retainer arrangement
5. Term and Termination: Duration of the agreement and circumstances for termination
6. Fees and Payment Terms: Monthly retainer amount, billing procedures, and payment terms
7. Obligations of the Law Firm: Professional duties, service standards, and responsibilities of the legal counsel
8. Client Responsibilities: Client's obligations including information provision and cooperation
9. Confidentiality: Obligations regarding confidential information and attorney-client privilege
10. Conflicts of Interest: Procedures for identifying and handling potential conflicts
11. Professional Liability: Extent of liability and professional indemnity coverage
12. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes
13. Entire Agreement: Integration clause confirming the agreement represents the complete understanding between parties
1. Additional Services: Section defining services outside the retainer scope and associated billing
2. Success Fees: Optional provisions for additional compensation based on specific outcomes
3. Secondment Provisions: Terms for temporary placement of attorneys at client premises
4. Multiple Office Coordination: Procedures for coordination when multiple firm offices are involved
5. Alternative Fee Arrangements: Special fee structures beyond the standard retainer
6. Data Protection: Specific provisions for handling personal data under Philippine Data Privacy Act
7. Force Majeure: Provisions for unforeseen circumstances affecting service delivery
8. Anti-Corruption Compliance: Special provisions for clients requiring specific compliance measures
1. Schedule A - Scope of Services: Detailed breakdown of included legal services and service levels
2. Schedule B - Fee Schedule: Detailed fee structure, including retainer amount and rates for additional services
3. Schedule C - Key Personnel: List of key attorneys assigned to the client with their roles and qualifications
4. Schedule D - Billing Guidelines: Specific procedures and requirements for billing and invoicing
5. Schedule E - Conflicts Check: Initial conflicts check results and ongoing procedures
6. Appendix 1 - Power of Attorney: If required, specific authorizations granted to the law firm
7. Appendix 2 - Client Policies: Relevant client policies that the law firm must comply with
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