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Advisory Services Agreement Template for Ireland

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Key Requirements PROMPT example:

Advisory Services Agreement

"I need an Advisory Services Agreement for a technology consulting firm providing cybersecurity advisory services to a fintech startup, with specific provisions for data protection, access to systems, and clarification that we'll be handling sensitive financial information."

Document background
The Advisory Services Agreement is designed for use in the Irish jurisdiction when engaging professional advisors or consultants to provide specialized expertise and services. This document is essential when establishing formal consulting relationships, whether with individual advisors or consulting firms. It covers crucial elements including service scope, compensation, confidentiality, intellectual property rights, and liability provisions, all aligned with Irish legal requirements and business practices. The agreement is particularly relevant in today's complex business environment where organizations frequently require external expertise for strategic decisions, operational improvements, or specialized projects. It provides necessary legal protections while facilitating clear communication of expectations and deliverables between parties.
Suggested Sections

1. Parties: Identifies and defines the parties to the agreement - the Advisory Service Provider and the Client

2. Background: Sets out the context of the agreement and the parties' intentions

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Scope of Services: Describes the engagement of the advisor and detailed scope of advisory services to be provided

5. Term and Termination: Specifies the duration of the agreement and circumstances for termination

6. Fees and Payment Terms: Details the compensation structure, payment schedule, and invoicing procedures

7. Obligations of the Advisor: Sets out the advisor's duties, standards of service, and professional commitments

8. Client Obligations: Defines the client's responsibilities and commitments to enable service delivery

9. Confidentiality: Establishes confidentiality obligations for both parties

10. Intellectual Property: Addresses ownership and usage rights of any IP created during the engagement

11. Data Protection: Ensures GDPR compliance and establishes data handling procedures

12. Liability and Indemnification: Sets out liability limitations and indemnification obligations

13. Insurance: Specifies required insurance coverage for the advisor

14. Force Majeure: Addresses circumstances beyond parties' control affecting performance

15. General Provisions: Contains standard boilerplate clauses including notices, assignment, and governing law

Optional Sections

1. Non-Compete: Include when advisor should be restricted from working with competitors

2. Service Levels: Include for complex engagements requiring specific performance metrics

3. Compliance with Laws: Include when advisory services involve regulated activities or specific compliance requirements

4. Security Requirements: Include when advisor needs access to client systems or sensitive information

5. Change Control: Include for long-term engagements where scope changes are likely

6. Key Personnel: Include when specific individuals are critical to service delivery

7. Dispute Resolution: Include when parties want specific dispute resolution procedures beyond court litigation

8. Anti-Bribery and Corruption: Include for international engagements or when required by client policy

Suggested Schedules

1. Schedule 1 - Services Description: Detailed description of advisory services, deliverables, and methodology

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, expenses, and payment terms

3. Schedule 3 - Service Levels: Specific performance metrics and service level requirements if applicable

4. Schedule 4 - Key Personnel: Details of key team members and their roles if applicable

5. Appendix A - Data Processing Agreement: Required under GDPR if personal data processing is involved

6. Appendix B - Information Security Requirements: Specific security protocols and requirements if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























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Relevant Industries

Financial Services

Technology

Healthcare

Professional Services

Manufacturing

Real Estate

Education

Retail

Energy

Telecommunications

Construction

Environmental Services

Non-Profit

Transportation

Media and Entertainment

Relevant Teams

Legal

Procurement

Finance

Operations

Risk and Compliance

Human Resources

Strategy

Business Development

Project Management Office

Executive Leadership

Administrative

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Operations Director

Project Manager

Business Development Manager

Risk Manager

Compliance Officer

Human Resources Director

Strategy Director

Department Head

Management Consultant

Professional Advisor

Contract Manager

Finance Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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