Contracts: Don't pick up your Pencil ...Written by Ellen Zucker
Protect your bottom line. Donít pick up your pencil until your client has signed dotted line.
I refer to temptation for many artists, designers and other creatives to jump gun and begin work on a project before there is a signed contract.
It is not unreasonable to make some quick sketches to outline initial ideas as part of a preliminary discussion. But since anything done at this stage is purely speculative, it is best to limit time spent until there is some kind of commitment by client.
If it is difficult to define scope of a project until a greater amount of preliminary work is done, consider drafting a separate agreement covering preliminary phase.
When you begin work before contract is signed, you are expending your time and skills in expectation that you will eventually be paid. But without a signed contract, client has no obligation to go through with project, make any payment, or assign project to you if he does go forward.
If client himself wonít commit to you, or canít commit to going ahead with project itself, be wary. You may be dealing with a difficult client.
Lawsuit Loans. No Risk FundingWritten by Fred Coutts
Lawsuit Loans. No Risk Loans
A relatively new source of financing is now available for both individuals and business owners. It is called lawsuit financing, often referred to as lawsuit loans or lawsuit funding. But these are not loans because money does not have to be paid back unless case is won.
Lawsuit financing (loans) help clients who are having financial difficulties. Lawsuit funders do not require credit checks, monthly payments, notes, or any other security. Frequently, claimants have missed work or lost their job and can no longer meet their rent or automobile payments. In past, these claimants have needed to accept lesser settlement amounts due to pressing financial difficulties. Now, clients can sustain their personal lives and give attorney necessary time to achieve full value of case.
Often times, individual claimants and commercial litigants require financial loan assistance prior to settlement or judgment. Types of cases that qualify are: - Personal Injury: Automobile Accidents, Any Type - Malpractice: Medical-Legal, Accounting, Construction, - Wrongful Termination - Discrimination - Harassment: Sexual/Rape, Any Type -And much more