I am trying to fill in this sentence:
“My company is looking to ___ a consultant”.
Is the correct term “hire” or is there a different word that is more fitting when talking about a consultant?
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Retain is a good word for this, often used in official contexts. Historically, it has been used to refer to the hiring of legal services. That historical context helps emphasise that a specific service has been paid for (rather than a person employed permanently) and that the term of service may be temporary, with a specific goal in mind.