A good lawyer is invaluable when you negotiate partnership agreements and obtain rights and copyright
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Numerous legal issues arise during the development process, especially around acquiring rights and formalizing relationships. It is important to find and retain a lawyer as soon as you start entering into agreements (either oral or written) to address these matters. Trying to fix them when things go wrong can be time consuming, distracting and costly.
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Formalizing Relationships |
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A producer is a creator of a new intellectual property. This is a complex process that can easily lead to misunderstandings and competing priorities. The business agreement between partners involved in a production venture must be written down in a clear and concise document that is prepared, or at least reviewed, by your lawyer. This step is crucial: it will prevent subsequent disputes about who is entitled to what, or who was responsible for which aspects of the production.
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If you have a great idea for a film, you can’t keep it to yourself. You’ll inevitably have to tell people about it, whether you’re looking for a co-producer, pitching a distributor or interviewing writers. When you do, you might be worried about someone stealing your great idea.
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Rights Acquisition & Optioning |
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At the same time as you formalize relationships with co-producers and suppliers, you need to ensure that you acquire all the intellectual property rights and options necessary to proceed with the project. Intellectual property rights are, very briefly, the ownership rights that allow you to develop, produce and exploit your production.
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Development 
