How a Music Lawyer Make Money Matt Buser

How a Music Lawyer Make Money Matt Buser - WWU #Shorts

If you're a music artist looking to understand how a music lawyer makes money, here's a breakdown of the common methods.

Record Label and Trademark Flat Rates

Flat Rates for Record Label and Trademark Services: When setting up a record label, music lawyers typically charge flat rates. The same applies if they're filing a trademark for you. This straightforward fee structure ensures transparency and helps artists budget their expenses better.

Contract Review and Negotiations

Getting Record Labels to Pay for Fees: In situations involving contracts, whether it’s for a record label or publishing deal, attorneys often try to get the record label or publishing company to cover the legal fees. This can save the artist a considerable amount of money.

Percentage Fee Structure: If the above method isn't feasible, another common approach is that the attorney charges a percentage of the transaction fee. For instance, taking 5% of the fee involved in the document or transaction. This percentage-based fee provides additional flexibility for artists who might not have large amounts of cash upfront.

Structuring New Businesses

Flat Rates for New Business Structures: If you're setting up a completely new business, such as a new record label or another music-related enterprise, the fees are also usually flat rates. This prevents unexpected expenses and ensures a clear financial plan for the artist.

Exclusive Mentorship Programs

Click the Link in my Bio: For those looking to advance their music careers, there are options for exclusive mentorship from Grammy-winning artists, producers, and industry executives. These programs are available via links in bios of professionals in the industry.

We Work University: A lot of effort goes into these programs, and they're often offered through entities like We Work University, which provides extensive learning opportunities and resources for musicians.

Keywords

Music Lawyer
Flat Rates
Record Label
Trademark
Contract Review
Publishing Deal
Transaction Fee
New Business
Mentorship
We Work University

FAQ

Q: What are the typical fees for setting up a record label or filing a trademark? A: These services usually come with flat rates, providing transparency and easier budgeting for the artist.

Q: How do attorneys handle fees for contract reviews and negotiations? A: Attorneys often try to get the record label or publishing company to pay for the fees. If this doesn't work, they may charge a percentage fee, such as 5% of the transaction.

Q: Are flat rates also used for structuring new music-related businesses? A: Yes, flat rates are typically applied when setting up new businesses to avoid unexpected expenses.

Q: How can artists advance their music career with mentorship? A: Artists can click the link provided in professionals' bios to access exclusive mentorship programs from Grammy-winning artists, producers, and industry executives, often through platforms like We Work University.

Q: What is We Work University? A: It is an educational platform that offers extensive learning opportunities and resources for aspiring musicians.