| Q. Why do authors need agents?
A. Because publishers have roomfuls of accountants, attorneys and
editors who work to ensure the best interests of their company are
met. They utilize sophisticated financial analyses and legal maneuvering
to get what they want. They may seem like your best friend, but
they're working for their bottom line. We balance efforts, ensuring
that every clause in the 20-page legal document outlining the publishing
relationship is aggressively negotiated on behalf of the author.
One client saw the before-and-after efforts and wrote a letter saying
that the contract we'd negotiated for him was a "work of art."
I take pride in that. We are the author's champion and best cheerleader.
We can brag authors up and say things about them that are awkward
if coming from their own mouths. Proverbs says it best: "Don't
call attention to yourself; let others do that for you."
Q. Why aren't all authors represented?
A. Maybe for the same reason some people build their own homes.
They just want to somehow try and do it all. It generally doesn't
end well, and authors who handle their own negotiations leave much
on the table. It's even worse when they have a spouse handle the
negotiation. Or their personal attorney, who generally has no experience
in intellectual property law. On a recent trip to New York, I asked
a top editor when she'd last signed an unagented author. She said
it had been about ten years ago. When the manuscript first arrived,
the editor said, she called the author, suggested she get an agent,
and gave her the names of four or five she'd worked with. The author
declined. The editor then sent her the names of several authors
who were represented and asked her to call them to get their perspective.
The editor said she went to those lengths because she didn't want
the author coming back five years later, complaining that she'd
been taken unfair advantage of. She also said it helped preserve
the editor-author relationship to have a professional handling the
business details.
Q. What are the details of the financial arrangements you
handle for authors?
A. Among an agent's many jobs is ensuring that all marbles end
up in the right bags. The specifics are clearly detailed in written
agreements between author and agent, outlining the agreed upon split
(with the agent getting 15% of all monies payable to the author);
and author and publisher, reflecting the financial terms we negotiate
on the author's behalf. At the end of the day, an author's marble
count depends on their agent's negotiation strength.
Q. What impacts your negotiation ability?
A. It is always boosted by the power of an author's words and things
like prior acclaim and current platform. Having a strong agent who's
not afraid to swim with sharks is a huge benefit. Having time to
work the deal is always in the author's favor. We can do better
for an author if mortgage payments and taxes aren't in arrears and
there's food in the pantry. It's never good for an author to be
anxious for a deal in the next week. We can move that quickly if
necessary, but it can have a negative impact on the advance. As
desperate as an author may be, it's best not to let the publisher
hear your stomach growl.
Q. How are payments in the agreement typically doled out?
A. With major houses, typically in thirds: on execution of the
agreement, delivery and acceptance of the manuscript, and publication.
Some publishers pay in halves; others in fourths, with the final
payment coinciding with paperback release or a year following initial
publication. Once the advance is earned back, royalties typically
pay between 10% and 15% of a book's cover price. Payments are often
routed through an agency, which will bank the money in an escrow
account and forward the percentage due the author. We do things
differently at LifeWork Communications. To get money to authors quickly
(and avoid the temptation of sailing to Tahiti on their nickel),
we specify that publishers send 85% of the advance and subsequent
royalties straight to the author, and 15% to us. It keeps things
simple and honest and fast.
Q. Do authors agent-hop like some musicians, always hoping
that will get them further faster? How does one change agencies
without hurting feelings or burning bridges?
A. Most authors are loyal to the hilt and stick by their agent
through thick and thin. Regarding the core issue on making a change,
regardless of whether there is merit to such a decision, breaking
up is hard to do. But as Jerry McGuire said, "This ain't about
your friends, it's about your business." All to say, if an
author is intent on the axe, he/she shouldn't teeter around forever
and a day agonizing about it. Sharpen the blade and do the deed.
An agent isn't making anything if the author isn't, and so losing
a non-earning client doesn't generate significant emotion. Allude
to this in the letter, mentioning that a relationship should be
mutually beneficial, and that the time has come for all parties
to derive more benefit. Courtesy remains an enduring quality. One
shouldn't waver by saying this is something you're thinking about.
It's something you've decided. Though changing agents may not land
an author a seven-figure contract, don't hesitate. Writing is demanding,
emotionally draining work. The last thing anybody needs is the encumbrance
of an agent who's not getting the job done, however that's defined.
Q. I understand that your agency commission is 15%. Is that
ever negotiable?
A. Everything is done at 15%. We've held to this standard consistently,
citing value-added services like hands-on attention before, during,
and after contract negotiation and execution. Also, the consistent
presence of an author advocate all along the way on a host of issues,
often involving other projects for which we receive no income because
we are committed to long-term support and career success. We won;t
just make deals and disappear. We will monitor your publishers'
performance and lobby constantly for our clients, not simply to
hold publishers accountable but also to help infuse creative ideas
and spur action they might not otherwise have taken. And then there's
the need to stimulate cross-promo efforts between publishers when
an author has active titles with several houses.
Q. So sales aren't based just on the quality of writing?
A. Some writers get better with each book and you see an incremental
increase in sales over the years. But in general, you'll find there's
a really good agent attached to projects where there's been a runaway
increases in sales. That's the difference an agent makes. It's the
agent who ensures the publisher is thinking and performing strategically
for authors when vision and implementation get diffused across multiple
people, departments, and years. It's the agent who pushes marketing
and sales teams to position and support books intelligently across
all markets. It's the agent who does the fine-tooth combing and
negotiating of the contracts. That's why good agents earn every
dollar.
Q. How long do you receive your commission on a particular
project?
A. The commission continues for the life of the project, as do
the benefits authors derive from our work on their behalf. If this
weren't the case, a client could decide on a whim they don't like
the way I do my hair or drink from a straw, and thereby change provisions
to which we'd agreed.
Q. What is the term of your agency agreement?
A. Most agencies have 2-5 year terms to protect themselves from
termination, but I don't believe in that. We can be fired at will.
An author will know if we're doing a great job from our first negotiation,
but if things sour I don't want us artificially bound by a period
of time. Everything we do is about relationship and service. We're
superb at both, which is why our clients are extraordinarily loyal.
Q. What does LifeWork look for, fresh writers or established
writers?
A. Ultimately it boils down to words on the page. How good are
they? Freshness counts. We're always looking for new voices and
great writing. Always. Having said that, I recently received a proposal
from an unknown. I circulated the material and the agents raved
about the author's unique style, thought-provoking insights--and
then reminded me that publishers wouldn't be interested. In the
genre this particular project fell into, publishers prefer authors
with names and established platforms--people who bring large constituencies
to the table.
Q. That's discouraging for the first-time writer who doesn't
have a national TV show.
A. It's a tough biz. But the reality in bookstores isn't much different
than grocery stores and hardware stores. Name brands sell. This
becomes even truer as small retailers lose ground to the big boxes.
Books have become commodities and have shorter lives on shelves
than a box of Cheerios. And yet, the cream always rises. If the
words are great, the manuscript will eventually get published. Great
writing is noticed, and eventually an agent or publisher will get
excited and become the personal champion for the project. We can't
take on everything we like from first-time authors, but we generally
try to advocate for a half dozen unknowns and up-and-comers each
year. It may take shopping them to twenty publishers and getting
turned down 19 times, but all we need is one yes.
Q. Any other tips?
A. Read books in your genre. If you're doing suspense, be a student
of words and study how guys like DeMille and Grisham do what they
do. What grabs you about their particular works? How do they sustain
the drama and build believable characters? What makes you keep reading?
How do they turn the corner whereby you're dying one minute and
laughing on the floor the next? If you want to conquer the marketplace,
you need to know what readers want. These authors do it better than
anybody else. If it's suspense you're after, give readers the same
can't-put-it-down intensity. The same white knuckle fear. But then
make it your own and make it distinct.
Q. What about book and writer's conferences, are they worthwhile?
Do such affairs generate good leads and connections to top-notch
agents?
A. Wherever two or three authors and an agent are gathered, go.
Here's a secret. Even when an agency doesn't accept unpublished
authors, they're always prowling for the next big book from an unknown.
Though we've landed many titles atop the New York Times bestseller
list, our agents still attend four or five regional conferences
annually. Other agencies do the same. And so, get thee to a conference
and corner an agent in a hallway, after a session, during a meal,
or after hours.
Q. Do you get a lot of "I've written the next Left Behind"
from potential authors?
A. Every work needs to stand on its own. Authors frequently equate
their work with whatever is hot at the moment, and trumpet that
it's the next whatever. Instead, just write the best story you can,
take the feedback you've been given, revise accordingly, and if
it's good it will eventually be published. If it's really good,
people will buy it.
Q. What do you say to authors who are toying with quitting
their day job?
A. Don't. Maintain a job (or get one), and only quit if there's
a significant track record of writing income exceeding what you've
made elsewhere. The reality is that most authors have regular jobs
and write in the stolen hours--when everybody else is sleeping or
watching TV or going to dinner or the mall, etc. They conceive books
while they're ironing or showering or driving, and then carry the
book in their heads until they have time to get it on paper. It's
not an easy life. And so, if you can not write, don't. If you can't
not write, then yes, start looking for a job, do what you need to
do to get by financially, and steal the writing hours wherever and
however you can. Somehow in its own time the book(s) will get done.
What you don't want is to compound the pressure of being broke atop
the already difficult and emotionally draining job of writing.
Q. What is a common reason you reject manuscripts?
A. We publish and represent authors and books that are for the
most part family friendly.
Q. How do you know what advance to seek? Do you typically
set a floor on the advance you are looking for?
A. I repped a book several years back with the guy who trained
cops for the LAPD. Prior to that he handled some of their high profile
hostage negotiations. One particular day he was dealing with a loony
who was ready to blow up something or other and take a bunch of
people out if his demands weren't met. My client asked the nut what
he wanted. Guy says, A million dollars and an airplane. That story
comes in handy with many of my negotiations. I tell publishers,
me too. I want a million bucks--but I'm negotiable about the airplane.
They get a good laugh, and we move from there, up or down, depending
on the individual circumstances. In most cases, the agents typically
won't seek a floor, or the lowest acceptable bid on a project. If
you ask a publisher to establish the floor at a certain level, they
typically expect a last round topping privilege. That sounds fair,
but if other houses are involved in the bidding, it makes an auction
somewhat pointless, because the floor publisher can step in at the
end of the day and get the book for, say, 10% higher than the highest
bidder. I'd rather keep the bidding less formal, and allow the author
to make the final selection of publisher based on a variety of factors.
Our job is to ascertain which house really, really wants the property.
It's not about a trophy hunt or filling a slot in the catalog because
of a project that fell through. Our agents look for a publisher
who will eat, sleep, and breathe this book. Who will sell it better
than anybody else. Who will involve outside designers and publicists
to position the book well and let people know it exists. Who will
ultimately sell more copies.
Q. Do you always choose publishers based on who pays the
highest advance?
A. There's many cases where an author takes a lower amount because
the high bidder may not be the best match. Also, we're very careful
before we move an author away from a house where there's been a
long, abiding relationship and everything clicks.
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