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This is a good video about contracts. It's targeted for designers, but I think most of it still applies to developers. I think the best point in the video, have a good lawyer.

When I saw the title of this submission, I immediately thought of this video. Everybody should watch this video, at least twice.

And never ever ever start work without a contract in place!

Also, the magic words to avoid the described scenario are "intellectual property will transfer on receipt of payment". The parents video covers this in more detail.

Nice! And it applies to all kinds of service providers, really, from freelancers to BigCo.

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