Francelina M. Perdomo Klukosky, Esq.
Manhattan, NY: (212) 980-7206
ROYALTIES
Royalty Lawyer NYC - Francelina M. Perdomo Klukosky of Perdomo Law
Royalty Law Firm, Perdomo Law in Manhattan New York, NY 10022
Artists, brands, franchises, patent holders, and miners enter into agreements with publishers, landowners, and entrepreneurs every day. The creator or intellectual owner may hold a patent or a copyright license. These parties negotiate royalty payments as a form of compensation. If there is a problem, then the movie producer, franchisee, or publisher may want to seek the advice of an attorney who has the experience to help settle the dispute. Perdomo Law is knowledgeable and experienced to help you with Royalty litigation, should that come to a need of service.
What Does a Royalty Lawyer Do?
These professionals read the law to determine the state and federal guidelines regarding royalties. They look at case files and learn how the law sides on lawsuits regarding these issues. Understanding changes in the law and staying current on news about royalties is an important part of work for the royalty attorney.
Francelina M. Perdomo Klukosky has years of experience helping writers, lyricists, branding agents, and franchise owners navigate the legal side of royalty payments. Her skills and knowledge come from working with a diverse group of agents, brands, and businesses in NYC and across the globe.
When You Need A Royalty Law Firm
Anyone who creates something qualifies as an intellectual property
owner. These people own the rights to their products, words, songs, music, art, or company logo as soon as they think of them. To sell the use of these items requires a royalty contract. A lawyer can help someone who wants to enter into one of these agreements.
A royalty law firm will protect the property rights of clients. They will investigate and advise clients about pending contracts. A royalty lawyer can draw up a contract for the property owner. They can also advise the person what to do when someone infringes on their rights or breaches a royalties contract.
What Qualifies for Royalty Payments?
Anything a person designs, imagines or creates is intellectual property. When these things are up for sale, then the owner and licensee must decide how much it is worth to use the item. The following items qualify for property protection and royalties.
- Music and Song Lyrics - The notes for every melody and bass line are a creation by an artist. The music and the words for every song, jingle, or chorus are intellectual property. The artist may want to sell a license to use any or all of a song. This qualifies as a royalty payment.
- Books - Anything a person writes is something the law considers under protection. When an author writes a short story, a novel, or a children's book, the owner can sell the right to use them in another publication or under another person's name. Protecting the agreement between these people is a job for royalty law firms.
- Slogans and Logos - Business owners often outsource media to different sources. One thing they pay for is for artists to create catchphrases or an icon that everyone will remember and recognize. The more popular these things become, the more money both parties will make.
- Items with a Trademark, Patent, or Copyright - Inventions can open the world up to new beginnings. Everything from the toaster to the Internet is the creation of one or more people. Protecting these things is important. This security extends to compensation to use these inventions.
- Photography - Pictures are under just as much protection as songs and books. Photos show the world the way the photographer sees it. These items can go for a lot on the Internet. Having a website that advertises and protects these photos is what lawyers like Francelina M. Perdomo Klukosky do. She advises clients about the correct terminology to protect property, and she helps create licensing contracts for royalty compensation.
- Mineral Rights - Another thing that qualifies for royalty payments is owning land with minerals. Whether it is oil or silver, anything that a person can mine and sell gives the landowner certain rights. Understanding these responsibilities and how royalties work is where Francelina M. Perdomo Klukosky can help.
From contract design to late payments and miner's rights, she understands how the law works. Her years of experience and dedication can help property owners and licensees. Every case is different, and Fran has the qualifications and skills to help clients sort out any questions.
How Much Does it Cost for Royalties?
The short answer is royalty payments can be as little or as much as the parties agree upon. Standard rates average between two and five percent with ten to fifteen percent ranking on the highest end of normal. The truth is, franchise licensees may pay fifty percent of the profits to the brand owner.
Royalty payments may alternately be a fixed amount. The licensee and owner may agree to a two or five-dollar payment for every book a publisher sells or every download someone makes for a song. The parties can discuss which payment option is preferable.
These situations are examples of how an experienced law firm can provide sound advice to clients. Lawyers can discuss the short and long-term implications of both types of payment. They will look at payment schedules and offer tips about the best method for the client's situation.
Contact Royalty Attorney, Francelina M. Perdomo Klukosky for a Case Assessment
If you want to protect intellectual property, then Perdomo Law can help. Perdomo can set up a contract, designate changes, offer advice, negotiate terms, and help solve problems with royalty cases. When a person feels they are not getting the money they are due, then it may be necessary to contact a lawyer. Having a legal professional on retainer is an excellent way to head off problems to minimize the chance of a lawsuit.
Royalty payments are a right for artists who let others use their creators. Perdomo Law Firm is ready to help with any royalty payment issues or concerns. Please contact us for a case assessment.
Additional References
- What are Royalties and How Do They Work? - The Balance Small Business
Perdomo Law
1270 Avenue of the Americas
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New York NY 10020
Phone: (212) 980-7206
Suite 2005
New York NY 10020
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