Consultancy Agreement

A Consultancy Agreement clearly lays down the most relevant details about the relationship between consultant and employer. It stipulates the job requirements, time for completion, the mode and method of payment as well as other aspects related to the rendering of service by the consultant. Of particular importance if the consultant is working toward developing a new design or invention is stating who owns the resulting intellectual property.

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Advantages of a Consultancy Agreement

Protects Both Parties

A well-drafted Consultancy Agreement will minimize risk of future litigation, as the rights and duties of both parties are clearly laid down in the agreement.

Enables Confidentiality

In case the nature of the work requires confidentiality on the part of one or both parties, the Consultancy Agreement can be drafted to reflect this.