Speak with our Commercial lawyers for your commercial contract requirements.
What is a Licensing Agreement?
Licensing Agreements relate to intellectual property and allow one party, known as the Licencee, to make use of that intellectual property in a manner stipulated by the owner of the intellectual property, known as the Licensor.
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What is the advantage of Licensing Agreements?
- Owners can benefit from their intellectual property.
- Licencees can utilise intellectual property not belonging to them.
- Effective way of settling intellectual property disputes.
What are Software Licence Agreements?
Software Licence Agreements are a form of Licensing Agreement and allow one party, the Licencee, the right to use software developed, created or supplied by another party, known as the Licensor. Speak with one of our Commercial Contract lawyers today to find out how Software Licences can support your business.
How do I get started?
- We’ll ask you to sign and return our Client Care Letter and to place monies on account.
- Depending on your availability, we’ll schedule a call within 7 working days, to take your instructions and learn about your business.
- We’ll aim to provide you with a first draft 7 workings days after taking your instructions.
- Once we receive your feedback, we’ll send you a final version of your Licencing Agreement, ready for your business to use.
Review
- Review an existing Agreement
- Provide a legal opinion and summary of key clauses
- No amendments
Negotiate
- Review an existing Agreement
- Make amendments to the document
- Correspond with the other party’s solicitors
Create
- Create a new Agreement
- We’ll prepare a first draft for you to review and provide feedback
- We’ll incorporate any amendments and provide you with a second and final version.
OUR FIXED FEES
Quotations are confirmed in writing before work begins. Fees depend on complexity, the number of parties and turnaround required.
| Tier | What it covers | Approximate Timeframe | Fixed Fee |
|---|---|---|---|
| Review | Review of your existing Licensing Agreement, report with prioritised risk table and suggested amendments | 7-14 days | From £500.00 |
| Bespoke Draft | New Licensing Agreement drafted from scratch for your business, plus one round of amendments | 2-3 weeks | From £875.00 |
| Negotiation | Multi-party or heavily negotiated agreements, ongoing negotiation support to signature | Upon enquiry | Upon enquiry |