A Consultant Retainer Agreement is a legal document that establishes the contractual relationship between a client and a consultant. The agreement lays out the scope of services, payment details, and other important information related to the engagement. It also protects both parties from any potential misunderstandings or mishaps by detailing the expectations of each. By establishing the parameters of the relationship upfront, the agreement helps ensure that both sides are satisfied with their arrangement. Ultimately, a Consultant Retainer Agreement serves as a bridge between two parties, providing clear communication and a reliable reference point throughout the duration of the project.