EPISODE · Jun 3, 2026 · 10 MIN
How to Structure a Late-Career Consulting Agreement
from Late-Career Conversations with Fexingo: 50+ Professionals, Encore Careers, and Pre-Retirement · host Fexingo
In Episode 29 of Late-Career Conversations, Lucas and Luna break down the key elements of a consulting agreement for professionals over 50 moving into fractional or project-based work. Using the real example of a former IT director who negotiated a six-month consulting contract with a mid-sized manufacturer, they cover scope of work, payment terms, intellectual property, non-compete clauses, and termination provisions. The episode offers practical, actionable advice on how to avoid common pitfalls and ensure a fair, clear agreement that protects both parties—without needing a lawyer for every clause. Listeners will learn how to structure fees (hourly vs. retainer vs. milestone), what to include in a statement of work, and how to handle scope creep. If you're considering a late-career shift into independent consulting, this episode provides the blueprint for a professional, sustainable arrangement. #LateCareerConsulting #ConsultingAgreement #FractionalWork #IndependentConsultant #CareerAfter50 #ScopeOfWork #IntellectualProperty #NonCompete #ContractNegotiation #RetainerModel #ProjectBasedWork #ConsultingFees #ExitStrategy #Careers #FexingoBusiness #BusinessPodcast #LateCareerConversations #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
In Episode 29 of Late-Career Conversations, Lucas and Luna break down the key elements of a consulting agreement for professionals over 50 moving into fractional or project-based work. Using the real example of a former IT director who negotiated a six-month consulting contract with a mid-sized manufacturer, they cover scope of work, payment terms, intellectual property, non-compete clauses, and termination provisions. The episode offers practical, actionable advice on how to avoid common pitfalls and ensure a fair, clear agreement that protects both parties—without needing a lawyer for every clause. Listeners will learn how to structure fees (hourly vs. retainer vs. milestone), what to include in a statement of work, and how to handle scope creep. If you're considering a late-career shift into independent consulting, this episode provides the blueprint for a professional, sustainable arrangement. #LateCareerConsulting #ConsultingAgreement #FractionalWork #IndependentConsultant #CareerAfter50 #ScopeOfWork #IntellectualProperty #NonCompete #ContractNegotiation #RetainerModel #ProjectBasedWork #ConsultingFees #ExitStrategy #Careers #FexingoBusiness #BusinessPodcast #LateCareerConversations #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo
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How to Structure a Late-Career Consulting Agreement
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