This article posted on our partner site Mondaq.com discusses the benefits and, more importantly, the risks associated with designating workers as independent contractors in a contract (e.g., risk of litigation for misclassification lawsuits, costly audits by pension, tax, and employment agencies).

The author provides three (3) tips for companies who wish to minimize these risks: honestly assess the nature of working relationships, have the parties' intent as to the independent contractor's status clarified in a contract, and seek counsel to review classifications if necessary.

This comes to you as a part of Clausehound's exciting new collaboration with Mondaq!