How Should A Consultancy Agreement Be Structured?
In general, a consultancy agreement is an agreement between a consultant and a client, stating the terms of the services. The agreement is drawn by the consultant when he is hired to provide his services to a business or individual. In addition to protecting both parties' interests, it ensures that all contract terms are adhered to and protects their interests. A consultancy agreement should include the following clauses. As a consultancy agency has a diverse nature, it attracts clients with diverse needs, which is why every consultancy agreement is designed according to the needs of the client, and therefore there is no fixed template for such contracts. Your consultancy agreement can, however, be more useful and comprehensive by including the following clauses. Party’s clause : The first and foremost clause should be the parties clause, as this clause specifies exactly who is bound by the agreement, ie the consultant and the client. This clause should also describe exactly what ...