Put it in writing: Contractors need contracts

IT professionals and the gig economy seem to be made for each other. As this recent ITWorld article points out, the tech industry was one of the first to make heavy use of independent contractors, and now more people are taking advantage of the benefits that freelancing offers.

Working as an IT contractor, however, has its risks. One of the most common is conducting business without formal agreements. In a world that prizes agility and speed, writing up contracts and outlining procedures may seem like an unnecessary drag. But written agreements protect better than verbal ones in a lawsuit — and can even minimize the chances of a suit in the first place. Commit to moving away from an “oral tradition” in your business dealings by putting these three practices in place, and you can avoid some of the costliest and most time-consuming risks that threaten technology professionals.

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