Employment & HRMedium Risk

Severance Agreementfor Consulting

A contract between employer and departing employee outlining severance pay, benefits continuation, and mutual releases of claims. In the consulting industry, SAs require careful attention to consulting-specific regulatory requirements and commercial risks.

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Typical Duration

One-time

Avg Review Time

25 minutes

Risk Level

Medium

Key Parties

Employer & Departing Employee

Key Clauses in Consulting SAs

1

Severance Payment Amount

Critical provision requiring consulting-specific drafting considerations.

2

Release of Claims

Critical provision requiring consulting-specific drafting considerations.

3

ADEA Compliance (21-day review)

Critical provision requiring consulting-specific drafting considerations.

Consulting Industry Considerations

Most Common Issue

Non-disparagement clauses that violate NLRA Section 7 rights

Industry Regulatory Context

Consulting contracts operate within a specialized regulatory environment. Standard SA provisions must be adapted for consulting industry norms.

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Other Consulting Contract Types

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