Notice period to terminate client relationship?
I am just revising my templates of letters of engagement for the coming year and wondered if it is standard practice to put it something about a notice period to terminate the relationship with a client? (I ask as a potential client seemed quite nervous about there being no terms stated, I think they were worried that they may be getting into something that they couldn't get out of.) I know that in contracts of employment it is usual to state a period of notice but haven't seen anything similar in various template letters or letters from other accountants. I have thought of stating that the arrangement could be terminated with one month's notice in writing but wondered what other people do? All help / suggestions gratefully received.