Thursday, June 17, 2010

Consulting Agreement

Today, I drafted a consulting agreement for a client. The basic key terms for a consulting agreement are the following:
a. Scope of Engagement, which explains what the Consultant will do for the Client;
b. Payment terms, which describes how the Consultant will get paid;
c. Modification clause, which means that the document may not be modified without the written permission of both parties;
d. Reasonable and Good Faith Efforts, which means that the Consultant will work in good faith and do adequate work;
e. Breach of Contract. In case of a breach of contract, my client will get reasonable attorney's fees and costs.

The key to consulting agreements is simplicity and thoroughness. Sean Robertson is a corporate attorney with a niche in asset protection. Robertson Law Group, LLC serves as general counsel to small to medium sized businesses and provide entity structure planning and personal asset protection planning for closely held companies and their owners. Sean Robertson may be reached at 312-498-6080 or 630-364-2318.

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