Contracts

Intro

To start this blog off let’s talk about a man Dmitry Argarkov. Not much is known about Mr Argarkov except this man has gone toe to toe with a Russian Bank in a court and come off the better. How? Well it’s simple, the bank signed a contract without fully investing their full attention into it. The agreement they made showed they agreed to the terms and condition which were outlined in fine text. It stated the bank is to pay any fees that is to be charged using that account and any altering or changing of this arrangement meant the bank would suffer huge losses.

Relating back to animation

A lot of animators or other creative professionals go into their field as freelancers. This means two things. The first being a lot of freedom and the second being a lot of paperwork. A lot of that paperwork may be contracts given by clients. As the example given above dictates, these contracts should never be taken lightly.

A contract is a legally binding document that outlines the agreed terms and condition from two or more parties. These terms are thereby are enforced in most cases by a court order. The harsh reality is that a lot of people can and will take advantage as shown by Mr Argarkov.

How do you avoid this

You need to understand what it is you are signing before you put your name down. Unfortunately  it’s not all fun and games as a freelancer. You toe the line of being a animator and a business man at the same time. Always read what you sign to the bone. Look for any loop holes that they may have put in and make sure the contract is thorough. Failure to do so can void money or even your intellectual property.

This isn’t to say that everyone is out to get you, often more times then not clients can be easy to work with. Just work using a level head. Do a background check on a client before you make any deal. Also make sure to sign off with the client, because the job is never don’t until the parties mutual satisfaction is documented.

Brophy, M. (2011). Maria Brophy. Retrieved 7 July, 2016, from http://mariabrophy.com/business-of-art/how-to-avoid-entering-into-a-bad-business-deal.html

 Clark. N. & Seligman D(2014). Alternet. Retrieved 7 July, 2016, from http://www.alternet.org/your-job-contract-or-cellphone-agreement-may-contain-language-can-ruin-your-life

O’Brien, D. (2008). Crackedcom. Retrieved 7 July, 2016, from http://www.cracked.com/article_16072_5-famous-inventors-who-stole-their-big-idea.html

Shchetko, N. (2013). Minyanville. Retrieved 7 July, 2016, from http://www.minyanville.com/business-news/editors-pick/articles/A-Russian-Bank-Is-Sued-for/8/14/2013/id/51305

Trotman, A. (2013). The Telegraph. Retrieved 7 July, 2016, from http://www.telegraph.co.uk/finance/personalfinance/borrowing/creditcards/10231556/Man-who-created-own-credit-card-sues-bank-for-not-sticking-to-terms.html

 

 

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