Description
What is a Consulting Agreement?
A consulting agreement is a contract in which a consultant provides business advice or other consulting work to a business. Individuals often perform consulting roles, whether on their own or through an entity. Consulting work in the business world is particularly popular. For example, management consulting, financial and accounting consulting, human resources, and other types of corporate consulting are all common.
Why do I need a consulting agreement?
Any business hiring a consultant, whether for a short-term project or long-term relationship, should enter into a written agreement to govern the contract terms. If you are a consultant doing work for a business, you benefit by having a written contract to ensure you and the business agree to the scope of work, and that you are paid as agreed upon by the parties.
What’s included in the Legal Wise Enterprise Consulting Agreement?
Legal Wise Enterprise downloadable templates come in an easy-to-use Word format. There are prompts for you to fill in and customize for your business.
Our Consulting Agreement allows you to spell out important terms, including:
- That the relationship of the parties is that of an independent contractor and not employment
- The consultant is responsible for all taxes and his/her own insurance
- The length of the term of the agreement, and how it can be terminated
- A description of the services to be provided by the consultant
- The amount of the consultant’s fees, and also how the consultant will be paid
- Required liability insurance of the consultant
- Ownership of work product
- Protection of the Company’s trade secrets and other confidential data and documents
- Standard contract provisions such as assignment, governing law, waiver, and permitting electronic signatures
We also provide a set of instructions and helpful tips to make sure you get the most out of your template purchase!
Please note the following:
Legal Wise Enterprise documents are only for use in the United States.
The document is for general use only and is not intended as, and shall not be understood or construed as, legal, tax, or any other professional advice. Your purchase and/or use of this document does not form an attorney-client relationship. If you have legal questions or need advice, please consult the advice of an attorney licensed in your state of residence. While the document has been prepared with due care, we do not warrant or represent that the document is free from errors or omissions. Legal Wise Enterprise does not guarantee any particular result from the use of this document.
Legal Wise Enterprise retains all copyrights and intellectual property rights in and to this document. The purchase of this document provides you with a limited, personal, non-exclusive, non-transferable, non-commercial license to use the document for your own personal or business use.
