The Authors Guild has released a new version of their “model trade book contract,” the first update in almost a decade. The guild calls the model “both an advocacy initiative as well as an instructional tool.” They had the Association of Authors’ Representatives (AAR) and other independent agents review the model this time. (The model is only viewable by Authors Guild members.) AAR president Gail Hochman comments in the release, “We were pleased to provide suggestions to this new model that aims to recognize the differences between ideal and realistic terms that publishers may grant…. As the title ‘Model Contract’ […]