4: Are We Not Lawyers?
Elecia White and Chris White, founders of Logical Elegance, discuss the realities of transitioning from full-time employment to independent consulting. They cover the distinction between contracting and consulting, the importance of networking and reputation in finding clients, and the financial mechanics of setting hourly rates to account for taxes, insurance, and downtime. The episode also details practical advice on contract negotiation, managing client relationships, and protecting work through backups and virtualization.