Guest Post: “Jon Reiss’ TOTBO Tip of the Day 21 – Lawyers”
A good lawyer who is familiar with split rights scenarios and the vagaries of new distribution models is essential, although hard to find. If you cannot find one, I suggest using a consultant in tandem with a lawyer. The consultant negotiates, the lawyer goes over the language. Find someone who is open to working in new ways. Lawyers will either work on a per-hour fee ($175 and up) or for a percentage of the deal(s) (5 to 7 percent). Since the field is changing so rapidly, you may have to train your lawyer regarding certain items that you will demand. One new alternative is The Film Collaborative – a non profit entity that can go over your agreements for a very reasonable fee and are very knowledgeable.
Comment here or on my blog, or @Jon_Reiss on twitter, or on the TOTBO Facebook page. Check out the book and workshops here. I look forward to hearing from you.
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