Jill Dimond, Business Manager of the Australian Society of Authors, discusses the red flag areas in a publishing contract.

In spite of what your publisher may say, there is no such thing as a standard contract. Unless you have a literary agent, you’ll need to read and understand the fine print, identify any problem clauses and try to negotiate a better deal with your publisher – before you sign.

Eight areas you should concentrate on:

1. Delivery/Publication
2. Licence
3. Territory
4. Royalties
5. Advance
6. Warranty/Author’s Indemnity
7. Termination/Reversion of Rights
8. Mediation

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