Connecting to LinkedIn...

Blank

Protect your fees

Protect your fees

What happens if a hirer is unhappy with a contractor you have placed with them and is unwilling to pay for their time spent on assignment?

In order for employment businesses to ensure that they receive payments that they are entitled to it is vital that they have correct protection in place. A recent case study demonstrates this point well:

A contractor carrying out work via an agency was found to be “not fit for purpose” by the hirer. Steps were taken by the agency to bring his skills up to scratch however the client still believed him to be unsuitable and an undue risk to the project. The client was not willing to pay for the contractor’s time and stated that the invoices to the agency would not be paid.

Theresa Mimnagh, Associate Director at Lawspeed, explained what happened next: “Fortunately the agency had Lawspeed’s Client Terms of Business in place and the provisions within them meant that the client was legally obliged to pay. The agency was able to take a sensible commercial approach to resolving the issue, a deal was done and both parties were happy to continue the business relationship.”

Via contracts which are drafted to comprehensively protect fees Lawspeed has provided support for hundreds of agencies since 1997. Lawspeed’s terms represent a fair, clear and equitable way of conducting business. With terms in place, agencies can discuss any issues from a strong and secure position without getting into a debate over legalities.

Tags:

Articles similar to

Articles similar to