LAO contracts used to be prevalent years ago, but now most agents in the field are operating on percentage contracts. What exactly is LAO?
Total Comments: 1
Posted: Thu Feb 25, 2010 10:38 am Post Subject: Letter of Agreement
You probably mean LOA contract. It is the Letter of Agreement between the client and the agencies which ensures getting paid from the beginning. The pain of this agreement is that an agency could carry out a set of activities which would be compensated for all cost incurred by the client.
Posted: Thu Feb 25, 2010 10:38 am Post Subject: Letter of Agreement
You probably mean LOA contract. It is the Letter of Agreement between the client and the agencies which ensures getting paid from the beginning. The pain of this agreement is that an agency could carry out a set of activities which would be compensated for all cost incurred by the client.
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