I'd like to ask freelancers for sharing their knowledge and experiences with penalties sections in short-term contracts.<p>What are risks, traps and details to carefully consider and take extra care in contract preparation? Have you any experience worth to share? What would you do/formulate different way than you did it previously?<p>Story behind: I have first bigger contract and thinking what and how to formulate penalties section. One thing is text from lawyer. Another point of view is real world of software development. How to deal with uncertainty, hidden traps, risks which can affect estimated time-line?<p>Thank you indeed