Super Agent Edward Necarsulmer (of McIntosh & Otis) gave a great presentation at SCBWI NYC explaining contracts in layman's terms -- and I just happened to be there!
Now, I know you're all like, "Donna, if someone wanted to publish my novel, I wouldn't CARE what the heck was in the contract."
Here's the thing: when the glow of the shiny new author-publisher relationship wears off and you realize you just traded months (ahem, years) of blood/sweat/tears/sanity for a year-long fruit-of-the-month club membership and a bag of Swedish Fish, you'll be a little upset.
Or maybe not.
Either way, I wrote a summary of his talk, and it can be found at the ever-so-excellent Guide to Literary Agents blog.
PS - Contracts sound like a snooze-fest, but they're not -- PLUS, it's super important that you understand what's what in all that lingo -- that's your novel baby it'll be talking about one day!

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