What Do I Need to Know About Negotiating Freelance Contracts?

2/17/2009 2:09 PM By

You've got a good set of specs and a freelancer who seems to have what
it takes. You're set to go, right? Maybe not, if the freelancer wants
to negotiate. Experienced freelancers know that once managers have
invested time in getting to the contract stage, they don't want to have
to start over. There may be genuinely negotiation-worthy points –
perhaps your rates are out of date for the market in which you operate,
or perhaps there's a rights or deadline issue that can be easily
resolved. Like all negotiations, these sorts of talks require knowing
your bottom line and sticking to it. If you can come up on price a
little and make your freelancer happy, it's probably worth doing. At
the same time, there are a lot of freelancers out there. If someone is
really out to take your company for every penny, you may be happier
just walking away.

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