A contract for services between an independent contractor and a client company.
A consultancy agreement is a contract containing the terms and conditions of a self-employed consultant’s services to a client. This includes a description of the services being provided and the consultant’s fee. It might also be referred to as a consultancy contract, a consultancy services agreement, a consulting agreement or consultancy terms and conditions.
It’s important to use formal contracts when you’re providing or receiving consultancy services to protect your business and to set out your commercial arrangement. This simple consulting agreement will help you to set out your main terms and conditions. It will also provide key legal protections, for example in relation to data protection and intellectual property.
Whether you are a consultant being hired for your services or a business hiring a consultant, you should use this Consultancy Agreement to set out the terms and conditions of the arrangement.
You can customise this agreement to your requirements and it can be used whether or not you will be providing or receiving the services on a retainer basis or for a one-off project. It is not suitable for use when the party receiving the consultant’s services is a consumer.
This Consultancy Agreement covers the key provisions, including:
- the services to be provided and the engagement period;
- the fees, expenses and payment terms;
- a mechanism for agreeing and pricing changes to the scope of the services;
- substitution by the consultant;
- liability and indemnities;
- confidential information and data protection; and
- intellectual property rights.
Although it’s not a legal requirement to put in place formal contracts in respect of the provision of consultancy services, having written terms and conditions in place will make sure you are both clear about what has been agreed, including the scope of the services and what the payment terms are. It can also provide your business with key legal protections.
The specific terms of your consultancy agreement will depend on your commercial negotiations, but this template will help you ensure that key terms are agreed upon and that your business has important protections in place, including in relation to data protection and intellectual property.
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All our contracts, templates, and guides are signed off by fully qualified legal professionals who have worked for some of the biggest corporations in the world. They each have at least 8 years’ legal experience and possess local and international experience.
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Every business should have its own, tailor-made standard contracts for customers which reflect the way it does business.
Having your own standard terms will ensure that you’re able to provide the protection that your business needs and will enhance your reputation because customers will know what to expect from you and what happens if things go wrong.
To be effective, your standard terms must reflect the way you do business and protect your business from the specific risks you face. In contrast, we know that many businesses resort to relying on generic templates or re-purposing contracts obtained from competitors or previous employers. The problem is that these contracts often do not match up with your or your customers’ expectations and fail to adequately protect your business because important risks are not properly addressed. Poorly drafted or ill-suited contracts are often not worth the paper they are written on.