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Consultancy Partnership Agreement Template for Pakistan

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Key Requirements PROMPT example:

Consultancy Partnership Agreement

"I need a Consultancy Partnership Agreement for a technology consulting firm in Lahore, Pakistan, where three senior IT consultants are forming a partnership to provide cybersecurity and cloud migration services to corporate clients, with operations starting March 2025."

Document background
This Consultancy Partnership Agreement is designed for use in Pakistan when two or more professional consultants or firms wish to establish a formal partnership arrangement for providing consultancy services. The document is structured in accordance with Pakistani partnership law, particularly the Partnership Act 1932, and addresses essential aspects of professional service partnerships including capital contributions, profit sharing, management rights, service delivery standards, and professional obligations. It is particularly relevant for professional service providers looking to combine their expertise and resources in a formal partnership structure, while ensuring compliance with local regulatory requirements and professional standards. The agreement includes comprehensive provisions for protecting intellectual property, maintaining confidentiality, and managing potential disputes, making it suitable for various consultancy sectors ranging from management consulting to specialized technical services.
Suggested Sections

1. Parties: Identification of all partnership parties, including full legal names, addresses, and registration details

2. Background: Context of the partnership formation, business objectives, and general intent of the parties

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Partnership Structure: Legal structure, nature of partnership, and relationship between partners

5. Scope of Services: Detailed description of consultancy services to be provided by the partnership

6. Term and Commencement: Duration of the partnership and conditions for commencement

7. Capital Contributions: Details of initial and ongoing capital contributions by partners

8. Profit Sharing and Financial Arrangements: Framework for sharing profits, losses, and handling financial matters

9. Management and Decision Making: Governance structure, voting rights, and decision-making processes

10. Rights and Obligations of Partners: Detailed responsibilities and rights of each partner

11. Intellectual Property Rights: Ownership and protection of intellectual property created during partnership

12. Confidentiality: Protection of confidential information and trade secrets

13. Non-Competition and Non-Solicitation: Restrictions on competitive activities and client solicitation

14. Termination: Conditions and procedures for partnership termination

15. Dispute Resolution: Procedures for resolving disputes between partners

16. Governing Law: Specification of Pakistani law as governing law and jurisdiction

17. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. International Operations: Include when partnership operates across borders, addressing foreign exchange and cross-border requirements

2. Professional Indemnity: Include when offering high-risk consultancy services requiring additional liability protection

3. Assignment and Succession: Include when partners want specific provisions for transferring partnership interests

4. Insurance Requirements: Include when specific insurance coverage is necessary for the consultancy services

5. Quality Control: Include when partnership requires specific quality standards or certifications

6. Training and Development: Include when partnership involves professional development obligations

7. Marketing and Branding: Include when partnership needs specific provisions about brand usage and marketing

8. Force Majeure: Include when need to address unforeseen circumstances affecting partnership operations

Suggested Schedules

1. Schedule 1 - Partner Details: Detailed information about each partner including qualifications and specific roles

2. Schedule 2 - Services Description: Comprehensive list and description of consultancy services offered

3. Schedule 3 - Fee Structure: Detailed breakdown of fee arrangements and charging mechanisms

4. Schedule 4 - Capital Contributions: Detailed list of initial and agreed future capital contributions

5. Schedule 5 - Profit Sharing Formula: Detailed calculation method for profit distribution

6. Schedule 6 - Operational Procedures: Day-to-day operational guidelines and procedures

7. Appendix A - Partnership Policies: Key policies governing partnership operations

8. Appendix B - Code of Conduct: Professional conduct guidelines for partners

9. Appendix C - Client Agreement Template: Standard template for client engagements

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


































Clauses






























Relevant Industries

Management Consulting

Information Technology

Financial Services

Engineering Services

Healthcare Consulting

Education and Training

Environmental Consulting

Business Strategy

Human Resources

Legal Services

Marketing and Communications

Project Management

Research and Development

Sustainability Consulting

Relevant Teams

Legal

Compliance

Finance

Operations

Business Development

Professional Services

Risk Management

Strategy

Corporate Governance

Administration

Relevant Roles

Managing Partner

Senior Consultant

Legal Counsel

Business Development Manager

Operations Director

Finance Director

Risk Manager

Compliance Officer

Professional Services Director

Partnership Manager

Strategy Consultant

Technical Director

Senior Partner

Managing Director

Chief Executive Officer

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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