Getting paid is the number one concern I hear from freelancers. And that’s why I launched Legal Ed for Freelancers with my Getting Paid series.
Getting paid on time and generating consistent cash flow doesn’t have to be difficult. There are simple steps that you can take to ensure that you are paid for your work regularly and consistently. And if you don’t get paid, that you are able to recover what you are owed.
The first thing you must do is start getting retainers from your clients. And the best type of retainer is the Replenishing Retainer:
You also need to get rid of problem clients:
And you must always, ALWAYS, have a written contract in place before you begin work:
Be sure to check back here for more articles in this series. And let me know if there are any issues that you are dealing with that you would like to see as part of a future series on Legal Ed for Freelancers.