The Four Elements of an Effective Contract for Authors

Writing is often a solitary activity, but you will eventually involve others in the process, points out Greg Victoroff, Esq., partner at Greg Victoroff & Associates. This may include collaborators, agents, managers, illustrators, and so forth. When you create this connection, it’s important to get an agreement down on paper – a contract. Victoroff lists the four Ps of a contract: Parties: who is the agreement between, and where is each party physically located? Property: what is being bargained...