RETAINER CONTRACT

RETAINER CONTRACT
 
KNOW ALL MEN BY THESE PRESENTS:
 
This CONTRACT made and executed by and between:
 
__Client__, a domestic corporation duly organized and existing under and by virtue of the laws of the Republic of the Philippines,
with principal office at _____________, Philippines and represented in this act by its __Position__, __Name of Officer__,
(hereinafter referred to as the “CLIENT”);
 
– and –
 
__Law Firm__, a law firm organized under and by virtue of the laws of the Republic of the Philippines as a general professional
partnership, with principal office at _____________, Philippines, and represented in this act by its Managing Partner, __Name of
Managing Partner__, (hereinafter referred to as the “LAW FIRM”
 
WITNESSETH: That –
 
WHEREAS, the LAW FIRM has offered its professional legal services to the CLIENT and CLIENT agrees to retain the professional legal services of the LAW FIRM
under a retainership basis, subject to the terms and conditions hereinafter stipulated:
 
NOW THEREFORE, for and in consideration of the mutual covenants and agreements herein agreed upon, the CLIENT and the LAW FIRM, by these presents,
have entered, as they hereby enter, into a contract of services whereby the LAW FIRM shall render legal services to the CLIENT, under the following terms and
conditions:
 
1. The term or duration of this contract shall be for one (1) year effective upon signing of this agreement and shall automatically renewed on a year to year
basis unless either party pre-terminates the same upon serving a thirty (30) day-prior written notice to the other party, without need of cause;
 
2. The LAW FIRM, while in the performance of its duties, shall be entitled to a fixed monthly retainer fee of PESOS: __________________________
(P_________);
 
3. The LAW FIRM shall make itself available for ready consultation by the CLIENT or its duly authorized officers in all matters or business requiring legal advice
and opinion affecting the said corporation in general. Written opinions rendered by the LAW FIRM on matters affecting the business and operations of the
corporation shall be subject to confirmations;
4. The LAW FIRM shall render documentation and notarial services to the CLIENT as part of this retainership.
Client documents shall be notarized free of charge while documents requiring the participation and signature of
a party other than the Client shall be subject to fees or charge at the following rates:
(Notarial Rates)
 
5. In case of extra-judicial foreclosure of mortgage endorsed to the LAW FIRM by the CLIENT, the attorney’s fees
shall be at the rates provided as follows:
 
(Rates of Legal Fees on Foreclosure)
 
6. In collection cases other than extra-judicial foreclosure of mortgage, the attorney’s fees shall be at the rates
provided as follows:
(Rates of Legal Fees for Collection Cases)
 
The LAW FIRM shall handle other cases as referred to it by the CLIENT for a fee that shall be determined by mutual
agreement of the law firm and the CLIENT, on a case to case basis, such as, but not limited to, all suits or cases for or
against the CLIENT, including officers and employees of the CLIENT sued in their official capacity;
 
8. The LAW FIRM shall not compromise or settle judicially or extra-judicially any account, foreclosure proceeding or suit
wherein the CLIENT is a party, without the written consent and conformity of the CLIENT or his duly authorized officer;
 
9. Routinary expenses for mailing of demand letters, pleadings to court and copies thereof to adverse parties, costs of
photocopy of evidentiary documents, payment of stenographic notes, costs of publications of notices, as well as filing fees
and other legal expenses in court and other appropriate government offices shall be for the account of the CLIENT;
 
10. The LAW FIRM shall, whenever requested by the CLIENT take immediate measures to investigate the facts and
ascertain the legal position of the CLIENT concerning any accidents, claim or liability, and shall on such cases do what may
be required for the protection of the CLIENT. The LAW FIRM may represent the CLIENT in all suits and proceedings pending
or which may be pending in Bacolod City or its environs wherein the CLIENT is a party, or its rights or interest are involve,
at the direction of the CLIENT;
11. The LAW FIRM shall keep in its office a docket of record in which it shall cause to be recorded all
proceedings connected with nay action which the CLIENT is interested and shall keep such other records
necessary to preserve a complete history of the business of the CLIENT entrusted to its charge. Said
docket and records shall be subject to the inspection and control of the CLIENT or his representative;
 
12. The LAW FIRM shall submit to the CLIENT at least once every quarter or as often as required, written
reports on all pending matters handled by the LAW FIRM for the CLIENT;

13. The LAW FIRM, in addition to the herein enumerated services, shall well and faithfully serve the
CLIENT and shall at all times devote its whole time and attention to the assignments and tasks given
and/or entrusted to it by the CLIENT and shall do and perform all such services, acts and things
connected therewith as the CLIENT shall from time to time direct; nor shall the LAW FIRM at any time get
itself in a situation where a conflict of interest may arise between those of the CLIENT and the LAW FIRM
and/or its CLIENTS;
 
14. The LAW FIRM shall not, either during the term of this contract or any time thereafter, use or
disclose to any person, office, corporation or entity any confidential information concerning the
affairs of the CLIENT which he nay have acquired in the course of or as incident to this contract for
its own benefit, or to the detriment or probable detriment of the CLIENT;

15. It is understood and agreed that nothing in this contract shall be construed as establishing the
relationship of employer-employee between the CLIENT and the LAW FIRM, including its personnel;
 
16. Any violation of the terms and conditions of this contract by the LAW FIRM shall give the CLIENT
the option to rescind or cancel immediately the contract without necessity of judicial proceedings;
 
17. The CLIENT reserves the right to terminate this Agreement without need of cause or reason
upon thirty-day written notice to the LAW FIRM.
 
IN WITNESS WHEREOF, the parties have signed this instrument this
_____________ at _____________, Philippines.
 
CLIENT LAW FIRM
 
By: _____________
By: Managing Partner
 
 
SIGNED IN THE PRESENCE OF
 
_________________ ________________