You want to monetise and protect your IP
If you own IP, you may be interested in licensing it out to another company and charging licence fees. This is common-place for companies with unique and valuable software, brand, artwork or media (though you can license out just about any IP). Alternatively, If you’re a group company (or if you choose to set one up), you may want to establish a license agreement between a parent and operating company, so that your IP is protected by being separate from the company and not liable to creditors.
Have a clear outline and protections in place
Given that another company is using your IP, there are many protections and terms that must be in place to keep your property safe. Failing to draft even one of these terms correctly can have dire consequences, whether that’s improper use of your property, liability claims against your company, claims of interest in the IP, or devaluing of your IP. By extension, all of these costly disputes can prove disastrous for a company’s ongoing growth, as well as their reputation. This is a nightmare, especially for companies that are brand-oriented, or companies that are working with innovative tech.
Act confidently with a bullet-proof agreement
UX Law are experts at tailoring license agreements that are in line with the industry you work in, the nature of your Intellectual Property, the structure of your business, and any protections you might need in place. For those monetising their IP, we’ll establish key terms which ensure protection of your ownership, correct use of your property, territorial limits, clear termination strategies, and clear indemnity rights. For group companies, we’ll advise on best practice structure and tailor a tight IP licensing agreement that keeps your IP bundled up and protected.
Frequently asked questions
Can I do this myself?
Are your documents automatically generated?
Is the price a fixed-fee?
Can I speak or meet with a lawyer, and will this cost extra?
What if I need this urgently?
This package doesn’t suit me, can I create my own one?
What if the document or advice I need isn’t on the website?
- Free consultation
- Done for you tailored legal documents to suit your needs
- Initial drafting and review + one round of amendments
- Practical legal advice
- Fast turnaround times (5-7 days)
Looking for practical legal advice?
Tell us about your legal needs and we’ll get back to you within 1 business day.Schedule free consultation