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In this video tutorial by Drew Bowers Auger on consulting contracts, he emphasizes the importance of having a consulting agreement to prevent disputes over billing and engagement. Key points to include in the contract are: the client hiring the consultant as an independent contractor, payment details (amount, frequency, and acceptable methods), and signatures from both parties. Sample templates are provided, noting that contracts often favor the party that drafted them. He advises consultants to have clients sign their contracts when possible. If signing a client's contract, it's crucial to read it carefully and ensure understanding regarding billing rates, frequency, and project completion. Any disagreements should be discussed with the client.
