This has been a long battle, one that freelancers throughout the world can relate to. Late and non-payment from clients. The Freelancers Union estimates that there are around 55 million Americans freelancing across the country, that’s around a fifth of the adult workforce. New York City presents an even higher ratio. It is said that 38% of NYC workers are freelance with each losing $6,000 a year on average to delinquent clients. That adds up to a whole lot of money. As much as $4.7 billion.
Today, the first major victory in this battle has been won. the Freelance Isn’t Free Act has passed in NYC with a unanimous 51-0 votes. In short, what this means is tougher penalties for clients who pay late or don’t pay at all. There’s also more legal recourse for freelancers trying to recover payment. This is huge news, not just for NYC, but the whole country as other locations push for similar laws.