tispr File Cabinet: Consultation Agreements [Legal Illumination: Part 1 of 4]
Playing by your own rules means a few things: it allows for a greater freedom, greater flexibility, and being able to turn what you love into what you do. While those are all the best aspects of being a talented individual and taking advantage of the gig economy, sometimes the legality of it all can be difficult to wrap your head around. Never fear, tispr is here! We’re going to guide you through the four essential types of legal documents in our 4-part mini-series, "Legal Illumination." Today, we’ll be breaking it down to basics and taking a look at the Consultation Agreement. Next week we’ll be telling you how to protect your privacy and ensure confidentiality with a post all about Non-Disclosure Agreements, so be sure to check back next Weds!
First things first: what is a Consultation Agreement? To put it simply, it’s just a legal document that outlines what you, the talent, is promising to deliver to your client, and what your client is giving you in return. It creates a framework of what the talent is expected to give, often gives a deadline, and locks in the rate at which you’ll be paid for your work. For the client, it does basically the same: gives them a clear description of the work they’ve requested, enforces their deadline, and sets forth a specified payment.
Why use it? It might be easier just to make a verbal deal, or send an email or two, but in the long run, it’s much more useful to use a consulting agreement. In the unlikely event that your agreement goes south, it’s good to have a legal document that fully outlines the transaction, just in case. It’s also good to have for your records so that both you and your client can feel a little bit more secure.