MOU for Consultancy Services​

Typically, an MOU for consulting services includes details such as the scope of the work, timeline, compensation, and responsibilities of each party. This document serves to clarify the intentions and roles of both parties to prevent misunderstandings and establish a foundation for a potential future contract.

In the UK, an MOU is often used during the negotiation phase of a business relationship to ensure that both parties are aligned on the primary details before drafting a legally binding agreement. It can be particularly useful for self-employed individuals who provide consulting services, as it provides a clear outline of what both the consultant and the client aim to achieve through their collaboration.