The Legal Services Retainer Agreement is a fundamental document used when establishing an ongoing professional relationship between a law firm and client in Singapore. It sets out the framework for legal service delivery, including scope, fees, and professional obligations, while ensuring compliance with Singapore's Legal Profession Act and related regulations. This agreement is particularly important for defining long-term engagements, establishing clear expectations, and meeting regulatory requirements for legal practice in Singapore.
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Key Requirements PROMPT example:
Legal Services Retainer Agreement
"Need a Legal Services Retainer Agreement for our Singapore tech startup to engage a law firm for ongoing corporate and IP work, with monthly billing caps of SGD 15,000 and specific provisions for protecting our intellectual property starting March 2025."
1. Parties: Identification of the law firm and client, including full legal names and addresses
2. Background: Context of the engagement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of legal services to be provided
5. Fee Structure: Billing rates, payment terms, and disbursements
6. Professional Obligations: Law firm's duties and responsibilities
7. Client Obligations: Client's responsibilities and commitments
8. Confidentiality: Confidentiality obligations and information handling
9. Termination: Conditions and process for ending the agreement
1. Conflict of Interest Provisions: Detailed procedures for handling potential conflicts - recommended for complex engagements or when working with multiple related parties
2. International Services: Provisions for cross-border legal work - include when providing services across multiple jurisdictions
3. Intellectual Property: Ownership of work product and materials - relevant when significant IP-related work is involved
4. Force Majeure: Provisions for unforeseen circumstances - recommended for long-term engagements
1. Schedule of Fees: Detailed breakdown of fee structure and rates
2. Scope of Work Schedule: Detailed description of specific services to be provided
3. Key Personnel Schedule: List of primary lawyers and their roles
4. Conflict Check Procedures: Detailed conflict checking process and requirements
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