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Licensing negotiations in IT and Intellectual Property cover drafting and negotiating software licenses, technology licenses, data rights and copyright or patent licenses. A solicitor reviews terms on scope, field of use, territory, fees, royalties, audit rights, warranties, support and maintenance, and termination. They coordinate with clients, licensors and licensees, assess risk of infringement and open source compliance, and help structure sublicensing and joint development arrangements. They also manage due diligence and document the deal from offer to final agreement.
They handle bespoke terms: scope, exclusivity, field of use, fee structures, payment milestones, audit, sublicensing, assignment, liability caps, warranties, and dispute resolution. They align with procurement, technology teams and finance, ensure regulatory and contract compliance, and prepare standard clauses and dispositions.
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