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Here's a sample from an actual contract analysis
freelance_agreement_2024.pdf
Independent Contractor Agreement
This clause prevents you from working with any competing business for 3 years after the contract ends, with no geographic limitation. This could severely restrict your ability to earn a living in your field.
Ask your lawyer to negotiate a shorter duration (6-12 months) and add a reasonable geographic scope.
The current wording assigns all work product to the client, including tools and frameworks you developed before this engagement. This could affect your ability to reuse your own pre-existing code.
Request a carve-out for pre-existing intellectual property and tools developed independently.
Payment is due within 30 days of invoice submission, which is an industry-standard timeframe. The late payment penalty of 1.5% monthly is also reasonable.
This is standard and reasonable — no action needed.
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