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Consultancy Agreement

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“Compliance” is just a subset of “governance” and not the other way around.”Compliance is an action or fact of complying with a wish or obligation.

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Consultancy Agreement

A consultant agreement is a legal document that comes into play whenever any company appoints an outside or external consultancy firm or consultant. The company may choose to employ these consultants for the short-term as a part of a specific program or project. Rather than hiring such people for substantial time frames, the company seeks external experts who have in-depth knowledge in that area.

In such instances, when the nature of employment is contractual, it is always better to sign a consultant agreement. It works as legal proof that validates that the company and the consultant got into an agreement based on some initial criteria. Doing so will prevent any mishaps from taking place further down the line.