This checklist highlights key considerations for in-house counsel and private practitioners when drafting an agency agreement involving UK-based parties. It covers essential elements such as the scope and term of the agency, applicable restrictions, the parties' responsibilities and liabilities and termination provisions.Before drafting an agency agreement, a thorough analysis of the specific facts and context of the relationship is necessary. This checklist provides an overview of the framework for drafting that can be adapted to reflect the specific requirements of the principal and agent. Although this checklist may slightly favour the principal, it covers important drafting considerations that are relevant to both parties.
