Me: Going forward, I would like to have all rates documented formally on a contract so that the terms are clear. Fees are 50% upfront and 50% upon completion of the project. All of this will be outlined in the contract that I will provide.
Client: If you require a signature on a contract that would be a problem as I have been working on the honor system very successfully for many years. I have done hundreds of thousands of dollars of business without contracts, and if my experience if you need a contract with someone you probably should NOT work them because they won’t be trustworthy.
Client: It’s a matter of principles more than anything for me.
…I’ve been waiting for payment from this client for 3 months.