Seven reasons why you're a novice when Picking A Corporate Attorney

Corporate Attorney

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(Photo by Kevin Winter/Getty Images) Hollywood has a new way of negotiating talent deals — and it seems to be helping women. A California-wide law that took effect in January prevents all employers from asking potential employees for their salary history. In corporate workplaces, it's altered the tempo of traditional compensation discussions. But in entertainment, it's rewritten the playbook for agents and studio executives who have long used quotes to establish pay. "It's totally changed how the negotiating process is taking place," said one agency insider. An actor's quote is what they were paid for their most recent gig. Their agent will typically advocate for an incremental increase with each job, ranging from $2,500 to seven figures, depending on the medium, an actor's experience and popularity. The more work an actor gets, the more they are able to build their quote. In an industry that fills only 31% of roles with women and 29% with people of underrepresented racial and ethnic groups, such a system benefited those for whom there were many roles to fill — white men. The disparity is even worse behind the camera, where women and people of color occupied just 4% and 8% of directors' chairs, respectively, according to recent studies  by the USC Annenberg Inclusion Initiative. That has translated to a pervasive compensation disparity between actors and actresses, even at the very top. The world's 10 highest-paid actors banked a cumulative $488.5 million last year — nearly three times the $172.5 million combined total of the 10 top-earning women.

For the original version including any supplementary images or video, visit https://www.forbes.com/sites/natalierobehmed/2018/04/11/no-more-quotes-how-a-salary-history-law-has-changed-hollywood/

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