[Hidden-tech] Retainer Fees?

[Janis S. Gray]

Thank you, Jeanne. I appreciate your response. And in fact, I do work in a 
form of public relations... And the one client who has me on retainer (I 
would not put all my eggs in one basket, either!) sends my check to me 
automatically -- I do not even send a bill.

Janis
---- Original Message ----- 
From: "Jeanne Yocum" <jeanne at yourghostwriter.com>
Cc: <hidden-discuss at lists.hidden-tech.net>
Sent: Thursday, February 02, 2006 3:49 PM
Subject: Re: [Hidden-tech] Retainer Fees?


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>
> Hi,
>
> Different professions have different fee arrangements, so I think a 
> blanket
> statement that suggests that none of us should ever agree to work in this
> fashion is unwise advice.  Monthly retainer arrangements are extremely
> common in some fields, such as public relations.  And being paid by 
> retainer
> does not mean you don't have a contract.  You can have a contract that
> explains the retainer arrangement.
>
> One other suggestion I thought of after I wrote my original response on 
> this
> topic is that I expect retainer clients to pay in less than 30 days. 
> Thus,
> to receive a retainer on the first of the month, I bill them 10 to 15 days
> in advance and specify that the payment is due on the first of the month
> being covered by the retainer.
>
> When the retainer comes in around the first, I've already got their money 
> in
> the bank for the coming month.  I think this is a fairly common way to do
> it, but I just thought I'd add it in for the folks who haven't done 
> retainer
> billing before.  I have never had a client say they weren't willing to pay
> within a shorter time frame as part of the retainer arrangement.
>
> Jeanne Yocum
>
>> From: Ron Miller <ronsmiller at comcast.net>
>> Date: Thu, 02 Feb 2006 11:32:43 -0500
>> To: "Janis S. Gray" <jsgray at crocker.com>
>> Cc: hidden-discuss at lists.hidden-tech.net
>> Subject: Re: [Hidden-tech] Retainer Fees?
>>
>> I would never agree to work in this fashion. Number one, you should
>> *always* have a contract. I don't care how well you think you know your
>> client. You are running a business and without a contract, if anything
>> goes wrong, you have no legal protection whatsoever.
>
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