An Hourly Consulting Agreement is a legally binding contract between an independent contractor and a client. It outlines the scope of services to be performed by the contractor and specifies the payment rate for their services. This agreement ensures that both parties understand the terms and conditions of the job, as well as the expectations set out by each other. The agreement also provides a level of protection against any liability that may arise from the relationship. By signing an Hourly Consulting Agreement, both parties are committing to work together in good faith and to further their mutual business goals.