If you’re a freelancer or small business owner you should check this out. It’s a great talk by Mike Monteiro, Design Director and co-founder of Mule Design Studio, on the benefits of having a contract. It was filmed on March 25th, 2011, as part of the Creative Mornings (San Francisco) sessions. There’s a followup blog post, here.
This talk is specific to the design industry, but it’s good advice for everyone.