Common Contracts

Consulting contract template example

July 28th, 2022

• Filed
  July 28th, 2022

Updated July 06, 2022A consulting agreement is used between a client and a consultant who provides professional services, advice, or knowledge in exchange for payment. A consultant is usually an expert in their field with vast experience and extensive knowledge. By Type (20) What is a Consulting Agreement? A consulting agreement is between a consultant that offers their services to a client for payment. Under this arrangement, the consultant is working as an independent contractor and any work that is provided falls under the ownership of the client unless otherwise agreed upon. 2 Ways to Pay Per Hour ($/hr) Per Project The agreement can be structured in two (2) ways: 1. Per Hour ($/HR) The most common structure is the client agrees to pay the consultant per hour ($/hr). A maximum number (#) of hours will usually be set for a given time period. Example: $20 per hour with the client agreeing to a maximum of 40 hours per month. 2. Per Project The client agrees to pay the consultant a fix