Moneycontrol
HomeNewsBusinessStoryboard18 | The Rise of the Influencer's Advocate
Trending Topics

Storyboard18 | The Rise of the Influencer's Advocate

As influencer marketing grows in India, more and more legal firms are picking up creators as clients, advising on contracts, negotiations, compensation and documentation.  

November 03, 2021 / 07:53 IST
Story continues below Advertisement
Representational image.

Influencer content is no longer about just trying out a new lipstick shade or creating a video about a new pair of jeans. As social media and influencer marketing proliferates in India, contracts between creators and brands become more complex.

Enter lawyers and legal firms.

Story continues below Advertisement

A whole new cohort of legal firms and lawyers are now representing influencers, agencies managing influencers, brands and social media platforms to cater to the growing influencer marketing industry in India.

While seasoned influencers generally work with a team of managers and lawyers, legal firms work on retainers with influencer marketing agencies. These agencies spend anywhere between Rs 30-40 crore annually to upwards of Rs 200 crore for hiring legal help.