Document background
The Engagement Letter Agreement is a crucial document used in professional services contexts under Philippine jurisdiction. It serves as both a formal offer of services and a binding contract once accepted by the client. This document type is essential when establishing professional relationships for consulting, advisory, or other professional services, particularly in regulated industries. The agreement typically includes detailed information about service scope, fees, timelines, and responsibilities, while ensuring compliance with Philippine laws including the Civil Code, relevant professional regulations, and industry-specific requirements. It's designed to protect both the service provider's and client's interests by clearly documenting the terms of engagement and setting professional expectations.
