The Importance of Understanding Contracts, Part One Thousand
Despite many (many!) years of working with contracts relating to the calculation and payment of royalties (or non-payment, depending), there is one thing we would never do: sign an agreement without the benefit of an attorney’s review of the language. The fact that so many people do is terrifying. Even if your contract is the fairest, simplest, most clearly written document in the universe, if you don’t understand each and every sentence, then you deserve what you get. A good rule of thumb is that the contract is almost always written in favor of the party drafting it. That is […]
