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Professional Services Engagement Letter
"I need a Professional Services Engagement Letter for my management consulting firm to provide strategic advisory services to a Fortune 500 client, including quarterly workshops and monthly reporting, starting March 2025."
1. Service Provider Information: Full legal name, contact details, and professional credentials of the service provider
2. Client Information: Full legal name and contact details of the client receiving services
3. Scope of Services: Detailed description of professional services to be provided, including specific deliverables and expectations
4. Fee Structure: Comprehensive details of payment terms, rates, and billing arrangements for the services
5. Timeline: Project duration, key milestones, and deadlines for service delivery
6. Terms and Conditions: Key contractual terms governing the professional engagement and service delivery
1. Conflicts of Interest: Disclosure of potential conflicts and procedures for handling them in professional advisory services
2. Confidentiality Provisions: Terms and conditions regarding the handling and protection of confidential information
3. Professional Liability: Limitations of liability, insurance details, and professional indemnification provisions
4. Termination Provisions: Conditions and procedures for terminating the professional engagement
1. Fee Schedule: Detailed breakdown of professional fees, payment terms, and billing arrangements
2. Project Timeline: Detailed timeline outlining project phases, deliverables, and key milestones
3. Team Composition: List of key team members, their roles, and responsibilities in service delivery
4. Service Level Agreement: Specific performance metrics, standards, and service delivery expectations
Authors
Fees and Payment Terms
Term and Termination
Confidentiality
Intellectual Property Rights
Limitation of Liability
Indemnification
Professional Standards
Independent Contractor Status
Force Majeure
Insurance
Non-Solicitation
Dispute Resolution
Assignment
Governing Law
Entire Agreement
Amendments
Notices
Severability
Waiver
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