8 conditions affecting royalty accuracy

Royalty accuracyIn his recent webinar, “Royalty Disputes: Legal Strategies in Pursuit of Information and Payments Due”, David Slarskey, a trial lawyer with Slarskey LLC, defined royalty accuracy as the “accurate reporting, accurate calculation, and accurate recovery of royalties due to authors.”

Slarskey proceeded to identify the following eight conditions as some of the dynamics at play that can create friction in the process of achieving royalty accuracy in publishing relationships. [Read more…]

Textbook contract Q&A with attorney Lisa Moore

Lisa Moore

Lisa Moore

Earlier this fall, TAA hosted an audio conference titled “Contract Negotiation: E-books & E-rights” featuring attorney Lisa Moore, principal of The Moore Firm, LLC. Moore’s outstanding presentation culminated in a rich Q&A discussion that provided valuable insight into textbook publishing contract negotiations.

Following are abbreviated excerpts edited by TAA from the transcripts of that discussion.

Q: When e-rights are granted in a contract, what is the current norm for royalty rates? What are the best e-royalty terms you’ve negotiated for a client or know about in another context?

Lisa Moore: “I will say that 50 percent, whether it’s e-derivatives or verbatim e-reproductions, as I’ll call them, is the best that anyone can get for e-rights. And that’s becoming very, very difficult to achieve for clients — even clients with a proven track record, proven sales of X units, and an extremely wide target audience. [Read more…]