top of page

Consultancy Agreement Online

Consultants and Clients - Clear Terms, Strong Partnerships
Price:
522

Consult an Expert Now!

About

What is Consultancy Agreement


A consultancy agreement is a legally binding contract between a consultant and a client that outlines the terms of the consulting services to be provided, including the scope of work, compensation, and any other relevant details. It is meant to protect the rights and obligations of both parties and ensure a clear understanding of the consulting relationship.




Types of consultancy agreement


  • Retainer Agreement: Under this type of agreement, the consultant is retained by the client on a long-term basis to provide ongoing consulting services. The consultant is typically paid a fixed fee on a regular basis (e.g. monthly) for the duration of the agreement.


  • Project-Based Agreement: Under this type of agreement, the consultant is hired to work on a specific project for the client. The scope of work, deliverables, and compensation are all specified in the agreement, and the consulting relationship ends when the project is completed.


  • Time and Materials Agreement: This type of agreement is similar to the project-based agreement, but the consultant is paid based on the number of hours worked, and any materials or expenses incurred. This can be beneficial when the scope of the project is uncertain.


  • Exclusive Agreement: Under this type of agreement, the client hires the consultant exclusively, and the consultant is not allowed to work with any other clients during the duration of the agreement.


  • Non-Exclusive Agreement: This type of agreement allows the consultant to work with multiple clients at the same time.


  • Master Service Agreement: This type of agreement is a blanket agreement that outlines the general terms of the consulting relationship, and it is generally used for multiple projects and is a long-term agreement.


documents

Documents Required

Key Points to be included in consultancy agreement


  • Scope of work: The agreement should clearly define the scope of work and the deliverables expected from the consultant. This should include a detailed description of the consulting services to be provided, the timeline for completion, and any milestones or benchmarks for progress.


  • Compensation and billing terms: The agreement should clearly outline the compensation and billing terms, including the fee structure, any expenses that will be reimbursed, and the payment schedule. It's important to agree on how the consultant will be compensated upfront.


  • Confidentiality and Non-Disclosure: If the agreement includes a confidentiality and non-disclosure provision, it should clearly define what information is considered confidential, the obligations of both parties with regards to protecting that information, and the duration of the non-disclosure period.


  • Intellectual Property Rights: The agreement should state who will own the intellectual property rights of any work produced by the consultant during the consulting period.


  • Termination clause: The agreement should include a termination clause that specifies the conditions under which the agreement can be terminated by either party.


  • Dispute Resolution: The agreement should include a dispute resolution clause that specifies the process for resolving disputes, including the jurisdiction and governing law.


  • Governing Law: The agreement should specify the jurisdiction and governing law.


Get Consultancy Agreement drafted by experts Lawyers at Just 522/- 


benefits

Benefits

Benefits of consultancy agreement:


  • Clarity and certainty: By outlining the terms of the consulting relationship in a written agreement, both the consultant and the client have a clear understanding of the scope of work, compensation, and other relevant details. This can help avoid misunderstandings or disputes down the line.


  • Legal protection: A properly drafted consultancy agreement can provide legal protection for both the consultant and the client in case of a dispute or breach of contract.


  • Defined scope of work: The agreement clearly defines the scope of work which helps both parties to understand their obligations, and expectations.


  • Billing and payment terms: The agreement outlines the billing and payment terms which helps both parties to understand their financial obligations.


  • Confidentiality and Non-Disclosure: The agreement can include a confidentiality and non-disclosure provision which protects the client's sensitive information and trade secrets.


  • Flexibility: Different types of consultancy agreements offer different levels of flexibility, depending on the needs of the client and the consultant. This can be beneficial for both parties.


  • Long term business relationship: If the consulting relationship is successful, it can lead to a long-term business relationship between the client and the consultant.


  • Reduced risk: By having a consultancy agreement in place, both the client and the consultant are protected against any potential risks that may arise during the consulting relationship.



process

Process

How It Works?

FREE Consultation

Our skilled advisors will interact with you to understand your company needs, and we will present you with a legal and legitimate solution for your organization.

Documentation

Complete online paperwork, no need to visit an office!! You simply sit back and relax. Our documentation staff will complete the procedure on time.

Delivery

Get the document delivered to your home!!!

Why Choose Us?

01

 

Online Process

03

19+ years of experienced CA/CS/Lawyers

05

 

Lowest Cost Guaranteed

07

 

Data Privacy and Security

09

 

Trust and Reliability

02

 

24/7 chat support

04

 

300+ team of Experts

06

 

Timely deliverables

08

 

Real time process updates

10

 

India’s Most Trusted Online Legal Service portal

bottom of page