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Guest Post: “Jon Reiss’ TOTBO Tip of the Day 21 - Lawyers”

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In anticipation of hosting Jon Reiss’ workshop in Vancouver this June, we at Biz Books are happy to share with you his TOTBO Tips of the Day.

Here is Day 21 and Click Here to read any TOTBO Tips of the Day you missed:

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.

Posted on May 19, 2010.
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