Document background
The Engagement Letter For Advisory Services is a crucial document used in the Pakistani business environment to formally establish a professional services relationship between an advisory firm or consultant and their client. This document is typically employed when initiating new advisory engagements, whether for management consulting, financial advisory, technical consulting, or other professional services. It complies with Pakistani legal requirements, particularly the Contract Act 1872 and relevant professional services regulations. The letter outlines essential elements including scope of work, fee structure, delivery timelines, confidentiality provisions, and terms of engagement. It serves as both a legal document and a practical roadmap for the advisory relationship, protecting both parties' interests while clearly defining expectations and deliverables.
