A "consulting agreement" is a contract between two parties where the "consultant" provides consulting services to the other party. Consulting services run the gamut from technology services, management consulting, marketing advice and financial services. The key issues for drafting Consulting Agreements include:

• The exact services to be rendered
• The compensation and payment schedule
• Timing as to when services are to be rendered
• Level of performance expected
• Representations and warranties of the Consultant
• Termination provisions
• Dispute resolution mechanism
• Any limitations on the liability of the Consultant

A consulting agreement is also sometimes referred to as an Independent Contractor Agreement, a Professional Services Agreement or a Consulting Services Agreement. Sample Consulting Agreements can be found at www.LegalAgreements.com.