Consulting Agreements for University Researchers
Some of the most talented researchers in the world maintain their "day jobs" at public and private universities. Businesses looking to tap into this resource will often approach university scientists and engineers with requests for consulting services in those areas of their expertise that overlap with the needs of the for-profit entity. The terms of such an arrangement, which must be approved by the university, will be set out in a customized form of consulting agreement. This week I am providing an annotated consulting agreement for a university researcher that describes some of the issues that can arise.