A client services agreement (CSA) is comprised of several sections, all of which are designed to clearly specify the terms of the working relationship. Important provisions include the scope of services, the term section, and compensation, among others.
CSAs are useful because they set forth the expectations for both agreeing parties and minimize misunderstandings. They can also offer protection against potential disputes because they ink important provisions of the relationship in a legally binding way. It’s important to note that the key provisions in any client services agreement (CSA) change based on what is key to you – so while certain clauses are going to make it into pretty much every CSA, some are unique based on your needs. This is why its risky to use online templates for contracts; sometimes it works fine, but there might be a key provision that’s missing which will make all the difference for your company.
As you draft your client services agreement, an important clause to consider including is the binding effect clause.
What is a Binding Effect Clause?
This type of clause stipulates that all involved parties are expected to perform their duties in a way that benefits the others. It also binds everyone to the terms of the agreement. Important to note is that the binding effect clause also applies to any successors or assigns to either party.
Contact an Attorney Before Finalizing Your CSA
Taking your time to carefully draft a client services agreement is essential to your business. But before dropping in clauses left and right, contact a corporate law attorney to ensure the terms are written in a way that is custom-tailored to your company.
CSAs are designed to protect you and your rights. Don’t overlook this important step simply because you are in a hurry to secure a new client. At the Law Offices of Alex D. Sirulnik, P.A., our attorneys focus on helping clients of all sizes with their legal needs. To learn more about how we can help you, please get in touch with us today.