| Money, Price, Payment |
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Q 1. |
How many copies of a document will I sell in a year? |
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Q 2. |
Why do you offer two different contracts for this work? |
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Q 3. |
Why do you give me only 30%? |
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Q 4. |
How can you prove what is due to me? |
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Q 5. |
I am from California. What do you pay if I enter similar documents in 32 states? |
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Q 6. |
Can you give me an example please? |
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Q 7. |
You mentioned £15 per 1,000 words. How do I get that? |
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Q 8. |
Your website says professional buyers can use a document many times. Do I receive any ongoing or repeat payment? |
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Q 9. |
Who decides on the price at which to sell a document? |
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What to do now |
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Sign up now for client leads and royalty
Sign up now for drafting for Net Lawman
Go to "Money, prices and payment"
I have a question
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A 1. |
How many copies of a document will I sell in a year? |
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We have no idea. We have a few UK documents which sell one or two copies in three years and others which sell 20 a month. If you want new clients in an esoteric specialism, you should be looking at the value of a new client, not at the number of documents you will sell. On the other hand if you want an income from document sales, then you should enter a large number of commonly used documents.
If you are an English barrister or from a well known firm, you should enter a batch of documents within a particular specialism, using your name to promote to the profession, rather than to lay business people.
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A 2. |
Why do you offer two different contracts for this work? |
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If you are in practice, the value of new client leads targeted right at you personally is of greater value to you than a royalty. We have no doubt that you will find this so. However, if you are not in practice, you cannot benefit by this. But you may be very happy to earn an income from agreeable work which comes easily to you, as an experienced draftsman. So for you we offer a straight purchase of your professional work.
Of course, if you want to offer a bio and "set up your stall" as an authority, you too would make far more money on the royalty system, even if you never take a client.
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A 3. |
Why do you give me only 30%? |
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You must be joking! That is a very large royalty. We pay sales affiliates up to 32% off the top and still have to cover other marketing expenses and all our website costs and business admin. We are aiming for a 10% profit but do not expect to make it on average.
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A 4. |
How can you prove what is due to me? |
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You can see sales of your documents at any time from your control panel. You can also pick up any client contact information. We will pay you monthly for all documents sold. We will send you an annual accountant's certificate as to payments made, and you can instruct your own accountant to inspect our books too, if you wish.
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A 5. |
I am from California. What do you pay if I enter similar documents in 32 states? |
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We would like you to start with no more than five states. Maybe more later. Our procedure is to inspect all documents submitted. If they are broadly similar we will pay in accordance with the schedule below. If they are substantially different, we will treat each as an original and pay as a "first".
The second column refers to province or state. Prices are in $US per 1,000 words.
| | First | Second | Third | Fourth and fifth |
| Australia | 30 | 15 | 10 | 5 |
| Canada | 30 | 15 | 10 | 5 |
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A 6. |
Can you give me an example please? |
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Suppose you are a probate expert and wish to sell wills to private individuals. You are based in Alberta but are confident that you know enough to sell also in four other provinces. A will for one set of circumstances has much in common with another set. Also the variations between provinces are negligible or quite small too. For ten will variations, of average 2,000 words, we would pay:
US$ (10 x 2 x 30) + (10 x 2 x 15) + (10 x 2 x 10) + (10 x 2 x 5) + (10 x 2 x 5)
Total = $1,300
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A 7. |
You mentioned £15 per 1,000 words. How do I get that? |
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By drawing a document set in a specialism we particularly need OR by being from a "prestige" organisation (barristers chambers, national firm of solicitors or university) whose name will assist us in selling more of your documents.
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A 8. |
Your website says professional buyers can use a document many times. Do I receive any ongoing or repeat payment? |
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No. Your position is no different from that of a contributor to a CD of precedents. Of course, if you choose the royalty contract with us, you will receive many more instructions than you would if you document was used only once.
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A 9. |
Who decides on the price at which to sell a document? |
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You do. Of course, we are delighted to help if you ask us. If we notice that a document is over or under priced, we shall tell you.
Note: This information does not constitute an offer. It is presented in good faith with a view to negotiating an arrangement depending on our assessed attraction of the documents and jurisdictions you propose.
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What to do now |
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You can sign up now, however the website and auto systems are not yet complete. If you sign up now, we shall deal with all aspects "semi manually" until around the beginning of July 2008.
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Sign up now for client leads and royalty
Sign up now for drafting for Net Lawman
Go to "Money, prices and payment"
I have a question
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| Note: Net Lawman provides help notes on drafting so as to maximise sales. |