The paper discusses the specific conditions under which the likelihood of contractual hazards is reduced and organizational equilibrium is ensured between the two parties of a contingent employment relationship: the highly-skilled contractor and his/her client-firm. In particular, it identifies the institutional norms, technical affordances, legal jurisdictions and social formations, as the conditions that appear to curb the potential of opportunistic behavior on behalf of the contractor and operate as stabilizers of the asymmetrical employment relationship.