Endorsement Deals
Endorsement Deals

Endorsement Deals

Los Angeles County Endorsement Deals Attorney

Most endorsement deals end up providing both parties with exactly what they are seeking. Someone with an influential voice lends their likeness or voice to a company that relies on their credibility or appeal to boost their business. The key is the endorsement contract that governs the relationship.

As an endorser, your name is a valuable commodity. You would not sell it to just anyone. At the same time, your name value depends in part on how you maintain your reputation during the course of the endorsement deal.

As a company hiring an endorser, you need the flexibility and protection to ensure that you get what you pay for and that the person represents your company the way that you want.

Legal Issues in an Endorsement Agreement

Accordingly, there are issues that are considered in the endorsement agreement:

  • Under what circumstances the deal can be terminated
  • Morals clauses for endorsers
  • Compensation and possible profit-sharing for the endorser
  • Restrictions on other products they can endorse

Not every endorsement deal involves straight monetary payments to the endorser. There are some creative structures for the deal that can benefit both parties. For instance, endorsers can receive an ownership stake in the company, or the two sides can enter into a wider deal where they work together. We can explore different types of deals that most benefit our client. The one constant about any endorsement deal is that it can be tailor-made to fit either a specific company or endorser so long as you have forward-thinking and pragmatic counsel.

Los Angeles County Endorsement Deals Attorney

For help with your endorsement deal, contact the Kaver Law Office online or call us at (310) 620-6420. We can run through your options and present you with new ideas that you might not have been thinking of previously.