An Advisor Agreement is a type of services agreement that should be used to define the relationship between a business and an expert advisor. It is similar to a Contractor Agreement except that it allows for an advisor to offer their services in the form of advice to a business in exchange for payment in cash and/or equity.
Already a member? Please login to create document
Tailoring is when a lawyer customizes an automated legal document to meet your specific needs. This process starts with a consultation, after which you will complete a form to generate the initial draft of the document (if you haven’t already generated a DIY legal document). The lawyer will amend the document in line with what was discussed during the consultation, then send it to you for review. Once all reviews are complete the document will be finalised for use, or eSigning (if applicable).
A review is when you send feedback to the lawyer on a tailored document, and they make changes or respond to your comments. Feedback should be made by commenting directly within the document. Tailoring includes two reviews as standard. This is usually more than sufficient. Additional reviews may be charged separately if needed, so it is recommend you thoroughly check and comment on the document before returning it to the lawyer.
eSigning is when a document is executed by collecting an electronic signature from a party to make it legally binding, instead of printing and signing on paper. This is achieved by using a third-party service such as HelloSign that will send a link to the email of each party required to sign the document. The recipient will then follow the link and sign the document using their computer or mobile device. The system will record when they viewed and signed the document as well as from which IP Address. We recommend all our documents be signed electronically, and will manage the process for each tailored document with which eSigning is included.
Mode.law offers document automation services in addition to our tailoring services. If a tailored document is intended to be used repeatedly, mode.law can create a reusable form within your mode.law account. The form can be used to generate new documents based on your tailored template. The form will complete the main variable information that will differ such as (for example) new counter parties, purchase orders or statements of work. This speeds up your business processes, and makes things efficient to tailor when you need a few additional changes. Fees for document automation can be quoted during a consultation.
*mode.law empowers Australian businesses to thrive with pragmatic legal contracts and clear advice.
We are offering your business a free access to mode.law's library of essential business contracts until September 2020 to help you stay strong and make good decisions in turbulent times.
We have partnered with Clearpoint Legal to provide you guidance related to your business queries. Their assistance is available on our chat service. Clearpoint Legal are even discounting their fees for any paid legal work you might end up needing.
mode.law and Clearpoint Legal hope that our support helps you to get the right business advice throughout the COVID-19 crisis. Mode.law is here for #GoodLaw