I just wanted to first off say thank you to everyone. I have learned so much from all of you. Thank you all for sharing your insights on all aspects of being type designers.
As I am being asked more and more to do custom type design work, I'm thinking I need to get a little more serious in the contract side of things. After reading through the many threads on custom design work and the associated licensing (which have been SOOO helpful), I'm wondering if I need to start writing up more formal license agreements that the client and I actually sign and I keep on file? Is this what you do for custom work? If so, what details do you tend to include in it and can you share an example?
Follow-on question: What do you do when the client comes back asking for something beyond the original contract (e.g., an exclusivity extension)? Do you write up a new agreement?
I'd be very grateful for any insight into this topic.