Outsourcing is when a company hires a third party to carry out their business agreements. Drafting outsourcing documents allows companies to meet their short- and long-term goals while saving cost and time. The contract determines two things: the company’s responsibilities and the third party’s duties. Although outsourcing contracts vary on a case-to-case basis depending on the type and duration of work, all contracts must include certain key features.

All contracts must state in detail the work that is to be done, when it must be delivered and the payment process. It must also contain a clause detailing the ownership of the work produced in order to protect the company’s pre-existing intellectual property and grant them the rights for new intellectual property that may be produced. The contract must also contain a confidentiality and non-disclosure clause. Lastly, the contract must also provide details of the termination process. Employing outsource contract drafting services allows companies to include specific demands in their contracts.

At LegalWorks, we take great care to understand your business objectives and create a contract that is specific to your needs and protects your business interests.