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Advisory Agreement Template for Ireland

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Key Requirements PROMPT example:

Advisory Agreement

"I need an Advisory Agreement for our Dublin-based management consulting firm to provide strategic business advisory services to a multinational manufacturing company, with special attention to data protection requirements and cross-border service delivery."

Document background
The Advisory Agreement serves as the primary legal framework for establishing professional advisory relationships under Irish law. It is essential for situations where specialized expertise, guidance, or consulting services are being provided to businesses or individuals. The document ensures compliance with Irish regulatory requirements, including financial services regulations where applicable, data protection laws (GDPR), and professional services standards. This agreement is particularly crucial when engaging external advisors for strategic, financial, technical, or specialized professional services, as it clearly defines the scope of services, deliverables, confidentiality obligations, and liability provisions. The Advisory Agreement should be customized based on the specific type of advisory services being provided and whether the advisor is subject to regulation by the Central Bank of Ireland or other regulatory bodies.
Suggested Sections

1. Parties: Identifies and defines the advisor and the client, including full legal names and addresses

2. Background: Sets out the context of the agreement and confirms the advisor's qualifications and authority to provide the services

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 Appointment: Duration of the agreement and formal appointment of the advisor

6. Advisor's Obligations: Detailed responsibilities and commitments of the advisor

7. Client's Obligations: Responsibilities of the client, including providing necessary information and cooperation

8. Fees and Payment Terms: Details of advisory fees, payment schedule, and expenses

9. Confidentiality: Obligations regarding confidential information and trade secrets

10. Data Protection: GDPR compliance and data processing obligations

11. Intellectual Property: Ownership and usage rights of any IP created during the advisory relationship

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

13. Termination: Circumstances and process for ending the agreement

14. General Provisions: Standard boilerplate clauses including notices, entire agreement, etc.

15. Governing Law and Jurisdiction: Confirms Irish law governance and jurisdiction for disputes

Optional Sections

1. Regulatory Compliance: Required if providing regulated financial or investment advice

2. Non-Compete and Non-Solicitation: Include if protecting against competition or client solicitation is important

3. Force Majeure: Include if specific provisions for unforeseen circumstances are needed

4. Insurance: Include if specific insurance requirements need to be maintained

5. Anti-Bribery and Corruption: Include for international advisory services or public sector work

6. Assignment and Subcontracting: Include if there's possibility of changing service providers or using subcontractors

7. Service Levels: Include if specific performance metrics or response times are required

8. Dispute Resolution: Include if specific alternative dispute resolution procedures are preferred

Suggested Schedules

1. Schedule 1 - Services Description: Detailed breakdown of advisory services and deliverables

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, rates, and payment terms

3. Schedule 3 - Key Personnel: List of key individuals providing the advisory services

4. Schedule 4 - Service Levels: Specific performance metrics and response times if applicable

5. Appendix A - Data Processing Agreement: Required GDPR compliance documentation for data processing

6. Appendix B - Compliance Requirements: Regulatory compliance requirements and certifications

7. Appendix C - Report Templates: Standard formats for advisory reports and deliverables

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓÆµ | 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

Professional Services

Management Consulting

Technology

Healthcare

Real Estate

Education

Manufacturing

Energy

Environmental Services

Legal Services

Business Services

Information Technology

Telecommunications

Relevant Teams

Legal

Finance

Procurement

Compliance

Risk Management

Operations

Project Management

Business Development

Strategy

Commercial

Human Resources

Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Risk Manager

Compliance Officer

Operations Director

Project Manager

Business Development Manager

Strategy Director

Financial Controller

Commercial Director

General Counsel

Contract Manager

Human Resources Director

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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