Most agency owners treat legal as a tax — a slow, expensive speed bump between the handshake and the kickoff. Sharon Toerek thinks that's exactly backwards.

Sharon is a marketing and intellectual property attorney who has spent over a decade working exclusively with independent agencies through her firm Torek Law, which operates in the agency world as Legal + Creative. In this episode, she breaks down how agencies leave real money on the table by treating contracts as admin rather than leverage — and what to do instead.

We get into payment terms buried in enterprise agreements that silently stretch 60 days into 90, exclusivity clauses that punish agencies for the specialization clients hired them for, and the IP transfer timing that gives agencies more power than they realize. Sharon also makes the case for why having your own MSA matters even when the big brands will never sign it — and why deals almost never blow up when agencies push back at the contract stage.

What We Cover:

Why legal should be a money-generating function, not a cost drag
The payment term language in enterprise contracts that quietly kills cash flow
How to negotiate exclusivity without giving away more than you need to
Why you'll never have more leverage than you do right now, at the contract stage
The IP transfer timing that can become serious financial leverage when a client goes sideways
Building your own MSA toolkit — and why it matters even when you'll never use it
Who should be in the room during contract negotiations (and what the lawyer's actual job is)
How AI is changing the ownership question in agency-client and agency-freelancer agreements
Turning proprietary frameworks, methodologies, and systems into licensable, sellable IP
Why deals almost never fall apart when you push back — and what it signals when they do