MBToolBox
Monday Apr 18, 2005

Don't Throw That Contract Away!

We're always told to keep our workspaces clean, and in the interest of getting rid of extra paper, it might be tempting to toss out freelance contracts once the article has been published and the check has been cashed.

However, if you ever want to negotiate rights, ask for an increase in pay or see if you can re-sell your work, you'll want to hold onto all those old contracts.

Granted, though, that is a lot of filing, especially if your freelancing career is long and illustrious. I asked a few writers how they organize, though. "I have all my contracts dating back to the mid-eighties, along with comp copies of the magazines and newspapers, filed. The oldest ones are stored, but I keep my most recent ones, say five years old or so and up, where I can get to them if I need to (for reprint rights info, etc.)" says writer Anne C. Watkins.

Elizabeth Hanes says, "I like to keep my original contracts as a historical record, and I figured keeping them with my tax returns was a safe bet, to refresh my memory about income sources in the event of an audit! Each year, I photocopy that year's batch of contracts, then I attach the originals to my income taxes for long-term storage (I don't file the contracts with my taxes; I keep them like business-related receipts), and the rest I file alphabetically by market name in a "contracts" file."

"I keep all of them and will forever. It helps me to remember which rights I sold! I staple the contract to the back of a manilla folder, add any interview material or notes and file," says freelancer Catherine L. Tully.

The point is, hold onto these documents, because you never know when you might need to reference them again.


Read more on MBToolBox

Interested in advertising on MBToolBox?

Anonymous Tips


mediabistro Blogs

TVNewser
GalleyCat
UnBeige
FishbowlNY
FishbowlLA
FishbowlDC
mbToolbox

Editor: mediabistro.com

Email:

About

Links

Absolute Write

American Press Institute Journalist's Toolbox

At Last! Beware Writer Blogs!

Del.icio.us/Journalism

Del.icio.us/Writing

Freelance Success

Gawker Media Bubble

Lifehacker

Marketwatch: Jon Friedman's Media Web

Romenesko

Sreetips

Writers Weekly

Categories

Careers

Community

Courses

Design

Editorial

Events

Multimedia

Tech

The Business Side

Archives

view archives...

Recent

Subscribe

Click here to receive the Daily Media News Feed by email.

Job Listings

Freelance Marketplace


mediabistro.com l Member Benefits l Jobs l Freelance Marketplace l Courses l Events l Forums l Content
mediabistro Blogs: Media News l TVNewser l GalleyCat l UnBeige l FishbowlNY l FishbowlLA l FishbowlDC l mbToolbox
Site Map l Help l Advertising/Sponsorships l Store l About Us
mediabistro.com inc., call (212) 929-2588 or email us
PRIVACY POLICY Copyright © 2006 mediabistro.com inc. All rights reserved.
MEDIA BISTRO is a registered trademark of Laurel Touby.