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Publishers and Agents Agree to Speed Up Contracts

Publishers and Agents Agree to Speed Up Contracts

9th April 2015

The Bookseller - Lisa Campbell 

Publishers and agents have agreed a set of guidelines for negotiating author contracts, following concerns author payments were being delayed. 

The Publishers Association (PA) and Association of Authors’ Agents (AAA)  said the guidelines were designed to “speed up the process for the benefit of all parties.”

Both publishers and agents had become concerned that delays in contract negotiations were leading to author payments being held up. A joint working group chaired by Maddie Mogford of Hachette UK and Anna Davis of Curtis Brown determined that publishers should commit to recognising the need for contracts to be resolved expediently, reviewing their acquisition, deal offer, contract and payment processes, providing agents with details of the members of their respective contracts teams on request and improving communications with agents, keeping them informed as to what stage the contract is at.

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