RE: UKNM: Deja vu (rant status 1)

[Leslie Bunder]

And that's why it is important to always make sure you have a contract and

more importantly get yourself a decent lawyer to read/draft the contract in

the first place. For the sake of £200/£250 an hour, it is money well spent

as it can avoid all horrible things in the future.


why didn't your client negotiate an out clause?


The biggest problem is not having the foresight to see the future and just

be taken in by the short term talk. Sure short term can also be very good,

but you need to understand exactly what you are getting yourself into.


there are always two sides in a contract, just make sure that you are never

in a weak position and if you find yourself in that position, determine what

the downside can be.


Leslie


> -----Original Message-----

>

From: Lois Grayson [loisgdialstart [dot] net (mailto:loisgdialstart [dot] net)]

> Sent: 12 June 2000 18:25

>

To: uk-netmarketingchinwag [dot] com

> Subject: UKNM: Deja vu (rant status 1)

>

>

> I've just spent my day helping the management of a medium

> sized consultancy make three people redundant

>

> The reason? A FTSE company got cold feet and pulled the plug

> half way through a two year strategy - for which my client

> had geared up (staff, offices and hardware). They might want

> to start again next year. They want my client to run a

> holding pattern, but refuse to pay a retainer or severance fee.

>

> My client (who is almost suicidally trusting) didn't

> negotiate an out clause. The company in the meantime keeps

> coming back with titchy projects that my client is still

> giving away at virtually cost price, still hoping that next

> year's fictitious carrot isn't a mirage.

>

> I can't begin to communicate the bilious gut wrenching

> feelings I've got. Luckily for me I'm just an associate

> (freelance) consultant. No skin off my nose but I've seen it

> all before and it stinks. Big company fucking over supplier,

> and then having the gall to ask for more. Redundancies.

> Agency management screwing up. People left without a legal

> leg to stand on as they've only been around a few months. Yep

> it's the fucking early nineties agency scene all over again.

>

> Of course not all big companies are unethical - and the

> clients themselves often just have to do as they're told by

> the board, so there's often no blame there. But in these

> shakey VC crazy days trust and honour cannot be taken for

> granted. If only the contract had been water tight, I

> wouldn't be helping three people rewrite their CVs this week.

>

> Sorry for the rant. I hope sharing this experience helps

> someone somewhere avoid the same trap.

>

> Lois

>

> Lois Grayson

> Virtuality

> 07957 360880

> 0208 549 1166



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