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A good, honest, knowledgeable music attorney is an invaluable
asset to an artist, and an important part of his Pro Team. Music attorneys
serve many functions, the least of which is shopping tapes to the record
companies. And because nowadays the top attorneys in the business (you
know, the ones who charge $450 per hour), will work for a fee of 5% of
the artist's gross income--why, anyone can afford them! Hold on a minute--I'm
not being sarcastic.
Start Shopping Now
Just recently, this band that I know, decided it wanted
to release its own indie record and sell it at shows and on consignment
in local record stores. To do this, and get the necessary UPC (Bar) Codes,
seller's permit and resale number, the band needed partnership papers and
hours of time to fill out applications for the State Board of Equalization,
the Uniform Code Council and other government-related offices. This would
have cost them thousands of dollars in attorney fees.
At the same time, the guys also decided to have someone
shop their CD in foreign countries, but that meant drafting a service contract.
More attorney time and charges. Fortunately, the band signed on with a
top-level music attorney who is now working for a percentage of their income.
After reviewing their press package and listening to their music, the attorney
decided that this was a relatively safe gamble--that sooner or later, this
band would be signed and would be making money.
By doing this now, when the band is unsigned, both the
artist and the attorney have time to nurture a relationship. When presented
with a recording contract, the attorney is already in place. The advance
money received by the band will be commissioned by the attorney, but the
process will not be held up because the band is poor.
The music business is abuzz with tasteless attorney jokes.
Many attorneys deserve to be ridiculed, but the many honest ones (OK, OK,
the handful of honest ones) deserve a lot of credit for helping artists
stay out of contract troubles.
Finding an attorney who is willing to work with an unsigned
artist will take some doing. Like doctors, you need to meet with them in
person and come away with a good feeling. But before you waste your time,
consider that 95% of the music business attorneys today do not shop tapes
to record companies. They consider it a waste of time--not to mention an
exercise in futility.
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