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Advisory Services Agreement Template Generator for the USA

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Key Requirements PROMPT example:

Advisory Services Agreement Template

"I need an Advisory Services Agreement Template for my management consulting firm to provide strategic planning services to a mid-sized tech company, including specific provisions for protecting our proprietary methodologies and a clause allowing for remote service delivery, starting March 2025."

Document background
The Advisory Services Agreement Template is designed for use in the United States when establishing professional advisory relationships across various sectors. This document is essential when an individual or organization (the advisor) agrees to provide specialized guidance, recommendations, or consulting services to another party (the client). The agreement covers crucial elements including service scope, compensation, confidentiality, intellectual property rights, and liability limitations. It's particularly important for ensuring compliance with federal and state regulations governing professional services, while protecting both parties' interests. The template can be customized based on specific industry requirements, state jurisdictions, and the nature of advisory services being provided.
Suggested Sections

1. Parties: Identification of advisor and client with full legal names and addresses

2. Background: Context of the agreement and general purpose of the advisory relationship

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of advisory services to be provided

5. Term and Termination: Duration of agreement and conditions for termination

6. Fees and Payment: Compensation structure and payment terms

7. Confidentiality: Protection of confidential information and non-disclosure obligations

8. Representations and Warranties: Statements of fact and promises made by both parties

9. Limitation of Liability: Limits on liability and indemnification provisions

10. General Provisions: Miscellaneous legal provisions including governing law, notices, and amendments

Optional Sections

1. Parties: Identification of advisor and client with full legal names and addresses

2. Background: Context of the agreement and general purpose of the advisory relationship

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of advisory services to be provided

5. Term and Termination: Duration of agreement and conditions for termination

6. Fees and Payment: Compensation structure and payment terms

7. Confidentiality: Protection of confidential information and non-disclosure obligations

8. Representations and Warranties: Statements of fact and promises made by both parties

9. Limitation of Liability: Limits on liability and indemnification provisions

10. General Provisions: Miscellaneous legal provisions including governing law, notices, and amendments

Suggested Schedules

1. Schedule A - Scope of Services: Detailed breakdown of specific services to be provided

2. Schedule B - Fee Schedule: Detailed breakdown of fees, payment structure, and billing procedures

3. Schedule C - Key Personnel: List of key individuals providing services and their qualifications

4. Appendix 1 - Service Level Agreement: Performance metrics, service standards, and reporting requirements

5. Appendix 2 - Compliance Requirements: Specific regulatory and compliance obligations applicable to the services

Authors

Alex Denne

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

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Industries

Federal Securities Laws: Securities Exchange Act and Investment Advisers Act of 1940 - crucial for advisory services related to securities and financial advice

Federal Tax Law: Internal Revenue Code provisions governing taxation of advisory services and contractor relationships

Federal Trade Protection: Federal Trade Commission Act regulations concerning unfair trade practices and consumer protection

Privacy Legislation: Gramm-Leach-Bliley Act and other federal privacy provisions, particularly relevant for financial services

State Contract Laws: State-specific regulations governing contract formation, enforcement, and interpretation

State Licensing Requirements: State-specific business and professional licensing requirements for advisory services

State Consumer Protection: State-level consumer protection laws and regulations affecting advisory services

Employment Classification Laws: Federal and state regulations regarding independent contractor vs. employee classification, including IRS guidelines

Professional Liability Laws: Regulations governing professional liability, insurance requirements, and fiduciary duties

Intellectual Property Protection: Copyright Act and trade secrets laws protecting intellectual property and confidential information

Data Protection Regulations: State-specific data protection laws, cybersecurity requirements, and industry-specific privacy regulations

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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