A common question which clients ask is “What is an escrow service, and what do they do?” The concept of an escrow service is both simple, and quite complicated. Put simply, an escrow service is a third party who holds onto source code when you have a software licencing situation. But...
Something that clients often ask regarding software for which they have contracted the development of is whether they should own the intellectual property associated with that software. There are many things to consider when thinking about this, and it’s easiest to imagine them in a business scenario. For example, a...
Founding a startup is a heady time, there can seem to be a huge number of things which all have to be taken care of at once, and at the same time there is so much which is exciting and new. And of course, there are plenty of agreements and...
There are plenty of lawyers who, while exceptional at their jobs, are not specialist IT lawyers. This is a niche market and it has the potential to be very tricky if done wrong. In a big company with dozens of lawyers, there may be only two or three who have...
Contracts have two parts. The first ‘practical’ part documents what’s going to happen - essentially it records what one party is going to provide, what the other party will get, and how this will all happen. The second part is the ‘legal’ part – involving liabilities, warranties, consequence of terminations,...