Content-Type: text/plain; charset=windows-1252
Mime-Version: 1.0 (Mac OS X Mail 7.0 \(1822\))
Subject: Re: [AE] OT Contracts
From: Steve Oakley <steveo@practicali.com>
In-Reply-To: <list-5285937@media-motion.tv>
Date: Thu, 14 Nov 2013 23:50:01 -0600
Content-Transfer-Encoding: quoted-printable
Message-Id: <348F88A2-8F56-49CE-9A54-DDB0E581D7B6@practicali.com>
References: <list-5285937@media-motion.tv>
To: After Effects Mail List <AE-List@media-motion.tv>


On Nov 14, 2013, at 11:32 AM, Rick Gerard <rgeffects@gmail.com> wrote:

> A two day job with a net due in 45 .... RUN unless you are completely =
broke or this job is going to set you up with a couple of years of =
guaranteed work and a severe penalty to them if they break the =
agreement. Can you go to a restaurant, enjoy the meal and then send them =
a check in 45 days? Chances are more than 99% that this client is going =
to be a grinder that will turn your 2 day job in to a two week ordeal =
with changes and re-dos and that they will then complain about your work =
to everyone they meet. It's not worth it.

> I've been at the film business since 1969. My wife tells me I =
shouldn't tell people that because they will think I'm an old man. In =
those 43 years only 10 of them were as a contract employee. I have had =
thousands of contracts with thousands of clients. Not one with a payment =
date longer than 15 days was ever paid on time, paid in full, or a =
pleasure to work on with repeat business. Watch out.

nothing personal but 45 days is decent. I invoice due upon receipt, give =
them 30 days grace, 10% late fee plus 1.5% interest per month if payment =
not received within 40 days of invoice ISSUE date. I've collected the =
late fee quite a few times on late payers.

S=