Consultancy Partnership Agreement Template for Austria

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Key Requirements PROMPT example:

Consultancy Partnership Agreement

"I need a Consultancy Partnership Agreement for three IT security consultants in Austria who want to form a partnership starting March 2025, with specific clauses for intellectual property protection and client data security."

Document background

This Consultancy Partnership Agreement is designed for use when two or more professional consultants or consulting entities wish to establish a formal partnership structure under Austrian law. The document is particularly relevant when independent consultants want to combine their expertise and resources to offer comprehensive professional services while maintaining a structured and legally compliant partnership. It includes essential provisions required by Austrian commercial law (UGB) and civil code (ABGB), covering partnership governance, profit sharing, service delivery standards, and professional obligations. The agreement is suitable for various consulting disciplines and can be customized to accommodate different partnership sizes and specializations while ensuring compliance with Austrian professional services regulations and data protection requirements.

Suggested Sections

1. Parties: Identification and details of all parties entering into the partnership agreement

2. Background: Context of the agreement and brief description of the parties' intention to form a consulting partnership

3. Definitions: Key terms used throughout the agreement

4. Partnership Structure: Legal form of the partnership, ownership stakes, and management structure

5. Scope of Services: Detailed description of consulting services to be provided by the partnership

6. Rights and Obligations of Partners: Core responsibilities, commitments, and rights of each partner

7. Financial Provisions: Capital contributions, profit sharing, loss allocation, and financial management

8. Decision Making: Governance structure, voting rights, and decision-making processes

9. Intellectual Property: Ownership and usage rights of IP created during the partnership

10. Confidentiality: Protection of confidential information and trade secrets

11. Data Protection: GDPR compliance and data handling procedures

12. Term and Termination: Duration of partnership and conditions for termination

13. Post-Termination Obligations: Responsibilities and restrictions after partnership ends

14. Governing Law and Jurisdiction: Confirmation of Austrian law application and dispute resolution procedures

15. General Provisions: Miscellaneous legal provisions including notices, amendments, and severability

Optional Sections

1. Non-Compete Provisions: Restrictions on competitive activities - include when partners may compete in same market

2. Insurance: Required insurance coverage - include for high-risk consulting services

3. Quality Standards: Service quality requirements - include for regulated industries or specific professional services

4. Client Management: Procedures for client acquisition and management - include for client-facing partnerships

5. International Operations: Cross-border business provisions - include for international consulting services

6. Regulatory Compliance: Industry-specific compliance requirements - include for regulated sectors

7. Force Majeure: Provisions for unforeseeable circumstances - include for long-term partnerships

8. Partner Retirement: Procedures for partner retirement - include for partnerships with older partners

Suggested Schedules

1. Schedule 1: Service Description: Detailed specification of consulting services offered

2. Schedule 2: Fee Structure: Detailed breakdown of partnership profit sharing and compensation

3. Schedule 3: Partner Contributions: List of initial and ongoing contributions by each partner

4. Schedule 4: Operating Procedures: Day-to-day operational guidelines and procedures

5. Schedule 5: Key Clients: List of existing clients and their allocation between partners

6. Appendix A: Partner CVs: Professional backgrounds and qualifications of partners

7. Appendix B: Insurance Certificates: Copies of required insurance policies

8. Appendix C: Quality Management System: Documentation of quality control procedures

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Management Consulting

IT Consulting

Financial Advisory

Strategy Consulting

Human Resources Consulting

Environmental Consulting

Engineering Consulting

Legal Services

Business Advisory

Technology Services

Healthcare Consulting

Education Consulting

Sustainability Consulting

Relevant Teams

Legal

Compliance

Finance

Operations

Business Development

Risk Management

Professional Services

Partnership Management

Strategy

Corporate Development

Relevant Roles

Managing Partner

Senior Consultant

Business Development Director

Legal Counsel

Chief Executive Officer

Operations Director

Finance Director

Professional Services Manager

Partnership Manager

Risk Manager

Compliance Officer

Strategy Consultant

Business Consultant

Technical Consultant

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