Definitions for "Literary agent"
See agent.
Experienced book industry people who represent authors and illustrators for a percentage of their clients' profit. Agents typically claim 10%-20% of advances and royalties, but are generally savvy to contract negotiations and have market knowledge and contacts that most authors do not. Some agents charge reading fees to review a prospective client's manuscript. Those fees can be very high, and do not guarantee placement of the manuscript with a publisher.
One who acts on behalf of the author to find a publisher for a written or proposed manuscript and who handles the subsequent subsidiary rights not acquired by the publisher; sometimes called an author's agent or author's representative. Also one who acts on behalf of publishers to find special types of material or authors to develop that material.