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In this video tutorial, Drew Bowers Auger discusses the importance of consulting contracts to prevent disputes regarding billing and engagement. Key elements of a consulting agreement include establishing that the client is hiring the consultant as an independent contractor, outlining payment amounts, payment frequency, acceptable payment methods, and obtaining signatures from both parties. Auger provides sample consulting agreement templates and emphasizes that contracts are often biased toward the party that drafted them. He advises consultants to have clients sign their contracts and suggests carefully reviewing any client-provided contracts to ensure clarity on rates, billing frequency, and project completion, and to address any disagreements or misunderstandings.
