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In this video tutorial, Drew Bowers discusses essential contracts for consulting. He emphasizes the importance of a consulting agreement to prevent disputes over billing and engagement terms. Key elements of the contract include specifying that the client hires the consultant as an independent contractor, detailing payment amounts and methods, and obtaining signatures from both parties. Bowers advises using your contract when possible, as it may be favorable to your interests. If a client insists on using their contract, he recommends carefully reviewing it to ensure clarity on rates, billing frequency, and project completion. Any disagreements or misunderstandings should be addressed with the client.
