How are a consulting editor’s fees determined?
Every consulting editor has a preferred method for determining fees. Some will quote a flat fee for a particular job based on an estimate of the amount of time and work nvolved. Others prefer to bill on an hourly basis. In most cases, the editor will require a portion of the fee at the start of the project, with subsequent payments required when specified milestones are reached (for example, when fifty percent and one hundred percent of the project is completed). On some projects, a consulting editor may receive a specified percentage of the publishing royalties earned by the author. When considering engaging a consulting editor, ask about fees. On request, the editor will draw up a simple letter of agreement outlining the work to be done, the total fee, and how and when it is to be paid. If I want to consider engaging a consulting editor, what material, and how much, should I send to him or her? Start with a brief query letter to the editor you think may be right for you. The fastest
