A Consulting Contract Terms is an agreement between a business and a consultant, typically outlining the roles and responsibilities of both parties. It typically covers the duration of the contract, payment terms, ownership of any intellectual property (IP) created during the engagement, non-disclosure agreements, and termination clauses. All Consulting Contract Terms should be specific and tailored to the needs of both parties, taking into account the resources, experience, and expectations involved in the engagement. When written properly, Consulting Contract Terms can offer peace of mind and clarity on how each party should act throughout the contractual period.