My mom is almost 80 now and long retired, but she was an RN. As featured in our April newsletter, an agent’s most important skill is the ability to negotiate well on behalf of the author client. Payments and royalties have not been disrupted as almost all publishers pay via ACH. In a nutshell, the number of book deals for debut authors is up in a big way. Is this something you would need as well? Not so any longer, from what I can tell. I then give them feedback and tell them which idea(s) make the most sense to pursue based on the market and what editors have told me they’re looking for. It was no surprise to me when we received a Penguin Random House contract recently, and lo and behold, there was new language in clause 7.c, which deals with publication. There are so many facets this series of articles can only touch on the highlights. If the line is changed to “The Works,” suddenly it’s not just one title that needs to sell fewer than 250 copies in two accounting periods, it’s ALL the works in the contract together that need to fall below the sales threshold. This book publishing contract represents the entire agreement … I hope when this article hits your screen, you are safe and healthy while sheltering at home. Get an agent for your literary works. This agent may have been afraid to rock the boat, but it was the author’s ship that sank. But there’s also another story hidden in this data, one that’s not all rainbows and sunshine for already published authors. All the requested changes had been handled; we were simply awaiting the final clean contract in PDF. It has become a significant requirement that agents polish clients’ manuscripts before taking them out on submission. Most important, the author feels that his career is finally on track. As you can imagine, if the sales of more than one book are being counted in the total for the sales threshold, that will make it that much more difficult for the author to ever get his or her rights back. Sorry, your blog cannot share posts by email. Try to get a variety of peer edits in various styles. Your book will be one of the few that is published and sent out into the world. h�bbd```b``v��� �i!�� I’ve negotiated several UK contracts that are giving the US a run for its money in terms of length. Try to accept that you’ll likely experience a lot of rejection through which you must persevere. zϛ����٦��"� ��#� This author is convinced the outcome would have been different if his first agent had been a tougher negotiator—not only in regard to the size of the advance, but also in the thousand-and-one ways his agent could have run interference with the publisher to ensure that the author’s books got the in-house attention they needed and deserved. March 2015 Newsletter – Article #2: Commanding Authority: An Agent’s Negotiation Edge. Generally, editors at Random House and other publishers don’t want to read manuscripts they haven’t requested. Contracts-in-process are closing in about the same amount of time as they were closing previously. (Remember: the author would then have to pay the agent commission on top of not receiving the standard 75% or 80% split. Definitely not a number you want to overlook! Eventually the author got the rights back to his books and self-published these novels along with the ones his publisher had rejected. Close Listening & Other Customer Service Strategies, How Word-of-Mouth Marketing Can Generate More Leads, How to Thrive in the Digital Age When You Think It’s Overrated, How to Use Content to Drive B2B Lead Generation. Some agents just edit the first 50 to 100 pages and then include big-picture notes. But there is always the possibility of it ending in conflict and, in some cases, animosity. Any news that publishers are buying lots more fiction is good news, in my opinion. If you’re wondering where the author’s agent was through all of this, so was I. Maybe you’re between agents. Publishing contracts may not be my favorite part of the job, but I have to admit, they are never boring. Good agents know and understand this. The contract included joint accounting. The final contract was corrected quickly but I highlight this error because the addition of an “s” radically changes the Out of Print clause. This has been our standard for years now, but I’m guessing that getting publishers to agree to it is only going to get tougher. Trust me, not all agents are equal. You are on the front lines, and we here at NLA appreciate all you do. UK contracts traditionally have topped out at twelve or thirteen pages. If you are in the medical profession, I’m sending extra-warm health karma your way. H��TM��0��W�h�xl�N��R��Q(Nժ Your email address will not be published. April 2015 Newsletter – Article #3: Fearless Negotiation: An Agent’s Most Important Role for an Author.

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