How large should your retainer be?

A very interesting question was asked today on our Forum about how high one’s retainer should be in order to assure payment of your billing.

The answer, I believe, is to focus more on the intake process and to assure that the client has the principal to pursue his principle; then, it is a question of educating the client sufficiently that he understands he has received what he has asked for …. in other words, that the client has received the value he bargained for.

What do you think? Share your comments.

Categorized in: Cash Flow - Finances