“I know that I can leave all the administrative, legal, contractual and financial aspects to Imperial Consultants and concentrate on the actual scientific consulting.”
—Professor Andrew Rice, Faculty of Medicine
You deliver the solutions – we do the rest.
Here's an overview of how Imperial Consultants help you:
- Due diligence. Before moving onto the next stage, we conduct due diligence on the client to ensure the project complies with any Imperial policies, there’s no reputational risk – and their credit rating suggests they can pay for services rendered.
- Scope the project. We help you to define deliverables, a schedule, personnel, facilities and dependencies – making sure your expectations and the clients are aligned. We also negotiate your fees, based on market rates, and help calculate other costs for the project budget.
- Source your team or facilities. If you require additional personnel, or skillsets outside your own, we help identify other academics to join your team. Imperial facilities can also be used, subject to agreement with the department in question, and usually in exchange for a fee.
- Secure contracts. We negotiate a contract with the client that protects you, Imperial and any existing/foreground intellectual property. We advise you on any legal implications of the project such as data use, ownership and use of intellectual property created, and non-disclosure agreements. We ‘contract with’ anyone else in the team, including third parties from outside Imperial.
- Protection with professional indemnity insurance. We provide this to cover your work on the project, unless you are operating through your own company.
- Delivery and communications. You (and your team) deliver the work agreed in the contract, according to the schedule and specification. We provide templates for your reports and presentations, and support you and the client with any communications and promotions related to your work, ensuring your reputation and that of Imperial is protected.
- Billing and payment. Once the client is happy with the work delivered, we bill them and pay you, your colleagues and any third parties, according to the agreed budget. If any Imperial facilities have been used, we pay the department too. Plus we handle credit control.
If you've been approached to carry out a piece of consultancy work, do contact Imperial Consultants before agreeing rates or other details with your prospective client, we'll handle that for you and negotiate the best deal.