Consultancy Agreement

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    Our Plans

    Option 1:

    Single Document Drafting

    - Ready Draft
    - Drafted by an expert

    Option 2:

    Mandatory Documents Drafting

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    - Drafted by an expert

    Option 3:

    Comprehensive Documents Drafting

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    Timeline

    3 days

    (from receipt of all documents)

    Step 1

    Send us your enquiry by duly filling enquiry form.

    Step 2

    Our legal experts will call you to understand your requirement and offer best suited package.

    Step 3

    You approve the quotation and make advance payment, your work gets started.

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    Consultancy Agreement

    A consultancy agreement is required when the company appoints an external consultant. The company may like to avail their services to do some specific work so they hire someone who has expertise in that field. In such cases, it’s always better to enter into a contract with the consultant.
    The consultancy agreement is made between the company and consultant. It outlines the scope of work to be performed by them and other terms and conditions related to their appointment in the company. It is a kind of service agreement only.
    Major elements of the consultancy agreement are :
    Confidentiality: The consultant is expected to keep company information as confidential except the information already known to general public.
    Termination: The agreement specifies the right of either of the parties to terminate the contract and notice period if required.
    Term: The time period for which the services of the consultant is required by the company is also mentioned in the contract.
    Payment terms: The payment terms include the amount of compensation to be paid to the consultant, when to pay (monthly, quarterly, etc.) and the mode of payment. Also, if any out of pocket expenses are allowed to them will be mentioned in the agreement.
    Scope of work:  The consultancy agreement clearly specifies the duties, obligations, and services to be performed by the consultant. The methods of work are generally not defined. The consultant can exercise their sole discretion in performing such work.
    The agreement helps to avoid misunderstandings on the part of both the consultant and the company.

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    The term ‘confidentiality’ means preserving authorized restrictions on access and disclosure, including means for protecting personal privacy and proprietary information.