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What is an LAO contract and what does LAO mean?

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Posted: Wed Feb 24, 2010 7:50 pm   Post subject: What is an LAO contract and what does LAO mean?   LAO contracts used to be prevalent years ago, but now most agents in the field are operating on percentage contracts. What exactly is LAO?	elchief45 New member Joined: 24 Feb 2010 Posts: 1 1.25 Dollars($)
Posted: Thu Feb 25, 2010 10:38 am   Post subject: Letter of Agreement   You probably mean LOA contract. It is the Letter of Agreement between the client and the agencies which ensures getting paid from the beginning. The pain of this agreement is that an agency could carry out a set of activities which would be compensated for all cost incurred by the client.	Veronica Preferred member Joined: 01 Feb 2010 Posts: 191 33.01 Dollars($)

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