Monthly Retainer Agreement

An agreement for ongoing freelance work on a monthly retainer – hours or deliverables included, priority and response times, rollover and overage, scheduling, fees paid in advance, minimum term, reviews, notice and the freelancer’s independence.

Editable Word document
4
10pages
Guidance notes included
aml consultancy solutions

Freelancers & contractors

Monthly Retainer Agreement

About this document

What it’s for

A retainer gives a freelancer predictable income and gives the client priority access to their time. Retainers work best when it is clear how many hours or what deliverables are included, what happens to unused hours, and how extra work is charged. This agreement sits alongside your services agreement.

When to use it

  • For ongoing support such as marketing, bookkeeping, design, IT, writing or consultancy
  • When moving a regular client from ad hoc invoicing to a retainer
  • When renewing or adjusting a retainer

What’s inside

The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.

  1. Relationship to the services agreement
  2. Retained services
  3. Fees
  4. Term and notice
  5. Independence

How to complete it

  • Agree the monthly allowance, fee and rollover rules in the Schedule
  • Agree response times you can realistically meet
  • Review the retainer every [three] months with the client

Key points to check

  • Being available for fixed hours at the client’s direction can look like employment – keep control over how and when you work
  • Make clear that unused hours do not roll over indefinitely

Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.

Included in the pack

Freelancers & contractors

From £29

for every document in this category

Editable Microsoft Word files

Guidance notes in every document

Written for UK businesses

Download and keep

Get the packSee every document in this pack →

Need more than one category?

Documents All-Access gives you every category for 12 months for £295.

Compare options →

Need it tailored?

We can adapt any template to your business, or write a document from scratch.

Talk to us →