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Consultancy, commission, introduction and referral agreements

27 Mar 2017

An increasing number of executives and business people are now forced or chose to engage in a more flexible way of working. In doing so, they seek to exploit their experience, skills, contacts and client lists.

There are a number of ways that this can be achieved, as a full time option or as part of a portfolio career offering the executive flexibility, potentially significant rewards and challenge. Businesses can also benefit from obtaining expertise, contacts and sales without incurring a major upfront liability, either economically or as an employer, rewarding only the successful.

This factsheet outlines: What is a consultant worth?, Commission/introducer/referral arrangements (CIR arrangement), and The CIR Agreement.

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The information in this guidance is intended for general information purposes only and does not constitute legal or professional advice. The IoD does not accept any responsibility for any loss which may arise from relying on information contained in this article. It is not a substitute for legal advice and specific and personal legal advice should be taken on any individual matter. IoD does not recommend any firms. The IoD is not accountable for the products, services, acts or omissions on the website(s) linked to this page. Website terms and conditions apply.

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