Interesting post on the perilous clauses in agents’ contracts these days:
This is one of the reasons why I stopped thinking about trade publishing and decided to just publish my own books; I would never sign a contract containing these kind of clauses that put an agent a position to collect 15% of my income forever, even if I later drop them.
A few years ago I dreamed about getting a trade publishing deal, now I dream about selling a few thousand books a month and don’t care how they’re published. I honestly don’t see how agents fit into the new world of publishing; when I worked on movies everyone wanted an agent, but they were seen as a necessary evil because few production companies would look at scripts without one. There’s no such restriction in publishing when anyone can now upload their book to retail sites and compete directly with the products of trade publishing.