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Advisory Services Contract Template for Ireland

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Key Requirements PROMPT example:

Advisory Services Contract

"I need an Advisory Services Contract for a technology consulting firm providing cybersecurity advisory services to a financial institution in Ireland, with specific emphasis on GDPR compliance and data protection obligations."

Document background
The Advisory Services Contract is a fundamental legal document used when engaging professional advisors or consultants in Ireland. It is essential for businesses and organizations seeking external expertise while maintaining clear contractual boundaries and protections. This agreement is designed to comply with Irish contract law and relevant EU regulations, including GDPR. It should be used whenever a business or individual engages an advisor for professional services, whether for short-term projects or ongoing consultancy. The document typically covers service scope, fees, confidentiality, intellectual property rights, liability limitations, and data protection requirements. It's particularly important in establishing clear deliverables, payment terms, and professional boundaries to prevent potential disputes and ensure both parties understand their obligations and rights.
Suggested Sections

1. Parties: Identifies and provides full legal details of the advisor and the client

2. Background: Sets out the context of the agreement and the parties' intentions

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Services: Detailed description of the advisory services to be provided

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Fees and Payment Terms: Compensation structure, payment schedule, and expenses

7. Obligations of the Advisor: Key responsibilities and commitments of the advisor

8. Obligations of the Client: Key responsibilities and commitments of the client

9. Confidentiality: Provisions for handling confidential information

10. Intellectual Property: Ownership and usage rights of any IP created during the engagement

11. Data Protection: GDPR compliance and data handling requirements

12. Liability and Indemnification: Limitation of liability and indemnification provisions

13. Insurance: Required insurance coverage for the advisor

14. Governing Law and Jurisdiction: Specification of Irish law and jurisdiction

15. General Provisions: Standard boilerplate clauses including notices, amendments, etc.

Optional Sections

1. Non-Compete: Restrictions on advisor's ability to work with competitors (use when protecting market position is crucial)

2. Non-Solicitation: Prevents poaching of employees or clients (use when advisor will have significant contact with staff/clients)

3. Force Majeure: Provisions for unforeseen circumstances (use when long-term or critical services are involved)

4. Assignment: Rights to transfer the agreement (use when either party might need to transfer rights/obligations)

5. Compliance with Laws: Specific regulatory compliance requirements (use in regulated industries)

6. Key Personnel: Identification of specific individuals (use when service quality depends on particular experts)

7. Service Levels: Specific performance metrics (use when quantifiable standards are required)

8. Dispute Resolution: Alternative dispute resolution procedures (use for high-value or complex services)

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of services, deliverables, and timelines

2. Schedule 2 - Fee Schedule: Detailed fee structure, rates, and payment terms

3. Schedule 3 - Key Personnel: Details of key team members and their qualifications

4. Schedule 4 - Service Levels: Specific performance metrics and measurement criteria

5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and procedures

6. Appendix A - Required Insurance Coverage: Specific insurance types and coverage levels

7. Appendix B - Approved Subcontractors: List of pre-approved subcontractors if applicable

8. Appendix C - Compliance Requirements: Industry-specific regulatory requirements and standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions







































Clauses







































Relevant Industries

Financial Services

Technology

Healthcare

Manufacturing

Professional Services

Education

Government and Public Sector

Telecommunications

Energy

Real Estate

Construction

Environmental Services

Non-Profit

Retail

Media and Entertainment

Legal Services

Management Consulting

Relevant Teams

Legal

Procurement

Finance

Human Resources

Operations

Risk and Compliance

Commercial

Business Development

Project Management Office

Strategy

Corporate Development

Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Contract Manager

Business Development Director

HR Director

Operations Manager

Project Manager

Risk Manager

Compliance Officer

Department Head

Managing Director

Commercial Director

Professional Advisor

Consultant

Financial Advisor

Technical Advisor

Strategy Consultant

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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