Consultancy Agreement: An explanation

A consultancy agreement is a contract that makes it easier for an entrepreneur and consultant to work together. In exchange for payment of fees by the consultant, the entrepreneur agrees to provide consulting services. The writer (consultant) is engaged to provide a specific benefit under the terms of a consulting agreement. The client hires the …

AI has gained a foothold and is quickly growing in the legal enterprise software world. Boon or burden?

A computer system with artificial intelligence (AI) can carry out activities that typically require human intelligence. These artificial intelligence systems are frequently powered by machine learning, occasionally by deep learning, and occasionally by really dull stuff like rules. This results from learning, which is acquiring the knowledge and guidelines for using the data. It has …

Agreement VS contract – How they compare and differ

Two words are inevitably mentioned while discussing legal documents: agreements and contracts. Although both phrases are frequently used synonymously, they don’t mean the same thing. In essence, all agreements and contracts are distinct from one another.  Confusing, huh? What is an agreement?  A promise or arrangement regarding a shared aim between two or more persons …