A consultant is an individual who possesses special skills and knowledge in a professional field. Businesses often hire services of private consultants to get various tasks done. It is recommended to get a consultant appointed through a proper written Agreement. A Consultancy Agreement is an important document which defines the relationship between appointer and the consultant. It specifies broad terms like appointment, services to be provided by consultant, fees for services and terms of payment, timelines regarding completion of work, technical details, hours of work etc. among other details.
When is a Consultancy Agreement required?
Consultancy Agreement is normally required in following circumstances-