Consulting Agreement Law and Legal Definition

Consulting agreement is a legally binding agreement about the nature of working relationship between two or more researchers in a research project. It must be executed, or signed, prior to the starting of the project. It specifies about the intent of the parties to share data, research materials and facilities, and to publish research findings. In determining whether or not a consulting agreement was for services performed by the debtor after his/her bankruptcy was filed, the court is not constrained to follow the label which the parties put upon the document.