Final Draft — Structuring A Literary Agent Agreement

Law360, New York (October 11, 2011, 6:04 PM EDT) -- Not all stories have happy endings. See, for example, what happened to the writers who chose the Deering Literary Agency of Nicholasville, Ky., to represent them. Over a period of 13 years, the founder of the agency, Dorothy Deering, persuaded these writers to give her thousands of dollars to edit, publish and promote their books — only six of which, out of the 200 books that Deering contracted to publish, ever made it to print. In the end, Deerring was sentenced to 46 months in prison, and her agency was ordered to repay more than $2 million in restitution to the hundreds of authors that were deceived....

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