Consulting agreements
A range of issues should be considered when a company is drawing up an agreement to engage a consultant.
These include:
- The services to be provided by the consultant
- Consultant’s responsibilities and obligations
- Hours of service, compensation and reimbursement for expenses
- Ownership of intellectual property created by the consultant
- Conflicts of interest and dispute resolution
- Term of the agreement
- Day to day collaboration
- Confidential information
- Liability and insurance
- Exclusivity
