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In this video tutorial, Drew Bowers Auger discusses essential contracts for consulting, with a focus on the consulting agreement. He emphasizes the importance of having a signed consulting contract to avoid billing disputes and clarify the engagement. Key elements of the agreement include confirming the client is hiring you as an independent contractor, discussing payment rates and frequency, acceptable payment methods, and obtaining signatures from both parties. Auger advises using client-friendly consulting agreement templates and urges consultants to prefer having clients sign their contracts. If required to sign a client's contract, he cautions to read it carefully and ensure all terms are clear before proceeding.
