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Client Engagement Letter
"I need a Client Engagement Letter under Nigerian law for our Lagos-based legal consultancy firm, to be used from January 2025, with emphasis on anti-money laundering compliance and including specific provisions for high-net-worth individual clients."
1. Letterhead and Date: Professional letterhead including firm details, address, and date of the letter
2. Client Details: Full name and address of the client/recipient
3. Engagement Confirmation: Clear statement confirming the nature and scope of services to be provided
4. Scope of Services: Detailed description of specific services included in the engagement
5. Team and Resources: Information about key team members and resources assigned to the client
6. Fee Structure: Detailed breakdown of fees, payment terms, and billing arrangements
7. Client Responsibilities: Outline of what is expected from the client, including information provision and cooperation
8. Confidentiality: Commitments regarding data protection and information security
9. Duration: Timeline or period of engagement
10. Acceptance: Instructions for confirming acceptance of the engagement terms
1. Regulatory Disclosures: Required for regulated industries or when specific regulatory compliance needs to be acknowledged
2. Conflict Resolution: Optional section detailing dispute resolution procedures, recommended for high-value or complex engagements
3. Service Level Agreements: For engagements where specific performance metrics need to be defined
4. Third-Party Involvement: When other parties or contractors may be involved in service delivery
5. Insurance Coverage: Details of professional indemnity insurance, particularly relevant for high-risk engagements
6. Anti-Money Laundering Compliance: Required for financial services or when dealing with significant monetary transactions
1. Fee Schedule: Detailed breakdown of fees, rates, and payment structures
2. Service Specifications: Detailed technical or operational aspects of the services to be provided
3. Key Personnel: Detailed information about team members and their roles
4. Required Documentation: List of documents and information needed from the client
5. Compliance Checklist: Regulatory and compliance requirements specific to the engagement
Authors
Engagement
Engagement Period
Fees
Confidential Information
Deliverables
Client Materials
Intellectual Property Rights
Force Majeure
Business Day
Applicable Laws
Professional Standards
Representatives
Key Personnel
Engagement Letter
Commencement Date
Working Hours
Professional Fees
Disbursements
Governing Law
Dispute Resolution
Termination Notice
Personal Data
Data Protection Laws
Project Timeline
Service Level Requirements
Compliance Requirements
Anti-Money Laundering Requirements
Conflict of Interest
Material Breach
Professional Fees
Payment Terms
Client Obligations
Service Provider Obligations
Confidentiality
Data Protection
Intellectual Property
Term and Termination
Professional Standards
Anti-Money Laundering Compliance
Regulatory Compliance
Limitation of Liability
Force Majeure
Dispute Resolution
Governing Law
Assignment
Entire Agreement
Notices
Amendment
Severability
Third Party Rights
Conflict of Interest
Insurance
Record Keeping
Service Levels
Personnel
Subcontracting
Indemnification
Warranties
Legal Services
Financial Services
Consulting
Accounting
Technology Services
Business Advisory
Healthcare Services
Engineering Services
Real Estate Services
Education and Training
Legal
Compliance
Business Development
Client Relations
Operations
Finance
Professional Services
Risk Management
Quality Assurance
Document Control
Managing Partner
Chief Executive Officer
Director of Services
Senior Consultant
Legal Counsel
Engagement Manager
Business Development Manager
Compliance Officer
Project Manager
Client Relations Manager
Practice Head
Department Lead
Senior Associate
Operations Director
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