I agree with you on all points, but I'm surprised you come with that much experience but also faith that contracts are enforceable, especially when dealing with PRC clients. I understand you had a California based entity you were dealing with but even then, I've experienced first hand the worth of a contract in California very early in my career and it's the same as in the PRC: toilet paper. I guess maybe you've just been lucky to go this long without finding that out?
I think you're prob right that I've been lucky? Also almost all my contracts are NY state. Also almost all my work comes word of mouth in what 10 years ago was still a small industry ... folks are less likely to rip you off when you know dozens of people in common.
