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In this video, the speaker discusses publishing contracts, focusing on a critical element to always reject: the right of first refusal. This clause, commonly found in contracts with university presses, grants the publisher the first opportunity to publish an author's next book after their current work. If an author agrees to this clause for an initial book, they must offer the next book to the same publisher before exploring other options. The speaker advises that first-time authors may feel compelled to accept this clause but emphasizes the importance of rejecting it, as it limits future publishing opportunities.
