- Joined
- Nov 19, 2016
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Hi everyone,
I've received an offer from a publisher for my first novel, which is amazing. (So, so amazing!) Having had no experiece in the publishing industry, I was reading about what to look out for in contracts, and according to this blog: http://accrispin.blogspot.co.uk/2016/02/termination-fees-in-publishing.html a termination clause is a red flag. I just received my contract and there is a termination clause in there. It sounds resonable to me (repayment of portion of advances against royalites plus under $500 fee) but should I be worried? The rest of the contract seems fine to me. I know that ideally I should probably have a solicitor look it over, but I've never done that before and unsure of costs etc.
I've received an offer from a publisher for my first novel, which is amazing. (So, so amazing!) Having had no experiece in the publishing industry, I was reading about what to look out for in contracts, and according to this blog: http://accrispin.blogspot.co.uk/2016/02/termination-fees-in-publishing.html a termination clause is a red flag. I just received my contract and there is a termination clause in there. It sounds resonable to me (repayment of portion of advances against royalites plus under $500 fee) but should I be worried? The rest of the contract seems fine to me. I know that ideally I should probably have a solicitor look it over, but I've never done that before and unsure of costs etc.