A Retainer Letter is essential when establishing an ongoing legal service arrangement in Singapore. This document is required under Singapore's legal practice regulations and serves as the foundation of the attorney-client relationship. The Retainer Letter typically includes detailed information about service scope, fee structures, team composition, confidentiality obligations, and other key terms of engagement. It ensures compliance with Singapore's Legal Profession Act and provides clarity and protection for both the law firm and client throughout their professional relationship.
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Key Requirements PROMPT example:
Retainer Letter
"Need a Retainer Letter for our Singapore law firm to engage a multinational tech company for ongoing corporate advisory work, including monthly billing arrangements and specific provisions for cross-border data protection compliance."
1. Engagement Confirmation: Clear statement of acceptance of engagement and identification of client
2. Scope of Services: Detailed description of legal services to be provided under the retainer
3. Fee Structure: Clear outline of fees, billing method, and payment terms including hourly rates, retainer amount, and payment schedule
4. Team Composition: Information about the lawyers who will handle the matter, including primary contacts and responsible partners
5. Confidentiality: Statement of confidentiality obligations and handling of client information
1. Conflict Disclosure: Section detailing potential conflicts of interest and required waivers
2. Foreign Law Disclaimer: Disclaimer regarding advice on foreign laws and jurisdictional limitations
3. File Retention Policy: Details of document retention practices and procedures
1. Schedule A - Fee Schedule: Detailed breakdown of fees, charges, and billing arrangements
2. Schedule B - Team Profile: Detailed information about team members and their expertise
3. Schedule C - Standard Terms of Business: Firm's standard terms and conditions for legal services
Authors
Relevant legal definitions
Agreed Scope
Appointed Lawyers
Billing Period
Client
Commencement Date
Confidential Information
Conflict of Interest
Disbursements
Engagement
Fees
Firm
Legal Services
Matter
Partner-in-Charge
Professional Fees
Retainer Amount
Retainer Period
Services
Standard Terms
Team Members
Term
Third Party Costs
Appointed Lawyers
Billing Period
Client
Commencement Date
Confidential Information
Conflict of Interest
Disbursements
Engagement
Fees
Firm
Legal Services
Matter
Partner-in-Charge
Professional Fees
Retainer Amount
Retainer Period
Services
Standard Terms
Team Members
Term
Third Party Costs
Clauses
Scope of Services
Fee Arrangements
Billing and Payment Terms
Client Responsibilities
Confidentiality
Conflicts of Interest
Document Retention
Termination
Professional Team
Communication Protocols
Intellectual Property
Data Protection
Anti-Money Laundering Compliance
Liability and Indemnification
Force Majeure
Governing Law
Dispute Resolution
Amendment and Variation
File Storage and Retrieval
Professional Undertakings
Third Party Rights
Entire Agreement
Fee Arrangements
Billing and Payment Terms
Client Responsibilities
Confidentiality
Conflicts of Interest
Document Retention
Termination
Professional Team
Communication Protocols
Intellectual Property
Data Protection
Anti-Money Laundering Compliance
Liability and Indemnification
Force Majeure
Governing Law
Dispute Resolution
Amendment and Variation
File Storage and Retrieval
Professional Undertakings
Third Party Rights
Entire Agreement
Relevant Industries
Relevant Teams
Relevant Roles
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