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In this video tutorial, Drew Bowers Auger discusses essential contracts for consulting. The primary focus is on the consulting agreement, which is crucial to prevent billing disputes and clarify engagement terms. Key components include defining the client as an independent contractor, specifying payment amounts, frequency, acceptable payment methods, and obtaining signatures from both parties. Auger emphasizes using your own consulting agreement when possible, noting that contracts often favor the drafting party. If required to sign a client's contract, it's important to review it closely to ensure clarity on payment rates, billing frequency, and project completion. Any disagreements should be discussed with the client.
