Advisor Agreement

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Editable and Dynamic Microsoft Word Documents

Unlike many document automation services, mode.law generates Microsoft Word documents instead of PDFs. This ensures complete editability and maintains cross-references, allowing easy updates. Our documents can reference other clauses within the same document, ensuring a robust legal drafting tool remains available. Many automation services avoid cross-references for technical reasons, but mode.law embraces them for added efficiency and precision.

Tailored to Your Needs with Attune Legal’s Expertise

When it’s time to have a lawyer tailor your documents via Talk to a Lawyer or Get a Quote, Attune Legal’s lawyers are well-versed in mode.law’s offerings. Their familiarity ensures that your documents can be quickly amended to meet your specific needs. Choose mode.law for a streamlined, user-friendly experience that delivers highly customised legal documents with ease.

Description
FAQ

Advisor Agreement: Building a Strong Business with Expert Advisors

An agreement with an expert advisor is a specialized services agreement that outlines the relationship between your business and the advisor. While similar to a Contractor Agreement, this document focuses on advisors offering their expertise in exchange for payment in cash and/or equity. Implementing such an agreement ensures a professional and mutually beneficial partnership between your business and the expert advisors you engage.

Clear Expectations for a Successful Partnership

The agreement sets the roles and responsibilities for both the business and the advisor. By defining these expectations, you help prevent misunderstandings and potential disputes in the future, fostering a successful partnership.

Safeguard Your Business and Intellectual Property

The agreement includes provisions regarding confidentiality, intellectual property, and liability, protecting your business interests and assets during the advisory relationship.

Transparent Compensation and Equity Terms

A well-crafted agreement outlines the payment terms for the expert advisor, including cash compensation and equity offerings. Providing transparency and ensuring both parties agree on the advisor’s remuneration helps maintain a harmonious relationship.

Foster Trust and Professionalism

Creating an agreement with an expert advisor promotes trust and professionalism between your business and the advisor. Establishing the terms and conditions of the advisory relationship sets the foundation for a productive and respectful partnership.

When to Talk to a Lawyer or Get a Quote

While our expert Advisor Agreement template provides a solid starting point for businesses seeking advice, there may be situations where additional guidance is necessary. You should Talk to a Lawyer or Get a Quote if you:

1. Want advice on the specifics of your agreement with an expert advisor
2. Need assistance tailoring the agreement to your unique business needs
3. Encounter complex or unique circumstances that require specialized legal expertise

Our expert Advisor Agreement templates are designed to establish a strong foundation for your business-advisor relationship, but we still recommend getting legal advice to ensure the document adequately addresses your needs and complies with applicable laws.

We recommend consulting a lawyer (such as Attune Legal) if you need help creating an agreement with an expert advisor or tailoring it to your business needs. This will ensure that your agreement accurately reflects your negotiations with your advisor, while protecting your interests and complying with the law.

Tailoring

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).

Reviews

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

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.

Document Automation

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.