Hey Joe – How important is a partnership agreement between the band before distribution and any money comes in?
– Mike Bush
This is way more important than copyrighting songs in my opinion. If you have a partnership agreement in place before there is a hint of success or money, you will prevent thousands, if not millions of dollars going to lawyers for fights that will occur. And I repeat, they will occur. They ALWAYS do.
Your band will always break up and fight over income and assets. Chances of songs being stolen are very small, but the band fight is inevitable. That’s why I created the band partnership agreement for LegalZoom. It’s very important.
Check this out for more info on band partnership agreements: https://www.legalzoom.com/legalforms/band-partnership-agreement
Attorney Joe Escalante answers your legal questions for free on our Facebook page every Tuesday and Friday at 10 a.m. PT.