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In this video tutorial, Drew Bowers Auger discusses the importance of consulting contracts to avoid billing disputes and clarify the engagement. Key elements of a consulting agreement include specifying that the client hires the consultant as an independent contractor, outlining payment terms (amount, frequency, and methods), and ensuring signatures from both parties. He recommends using pre-prepared consulting agreement templates, noting that contracts often favor the party that drafted them. If clients present their own contracts, consultants should read them thoroughly and clarify any disagreements or misunderstandings regarding rates, billing frequency, and project completion. Minor modifications can be discussed with the client.
