Licensing agreement

If you’re thinking about granting another party with a license to use your brand name or intellectual property, a professionally written document is the way to go. Choose one of our experienced lawyers to draft a Licensing Agreement that is compliant with the law.

When you’re expanding your business and breaking into new markets, it can be cost-effective to share your brand name, trademark, intellectual property or patented technology with another person or business.

To make this partnership work, it is highly recommended that both parties sign a licensing agreement. This contract will legally allow the licensee to use and earn revenue from your service/product or intellectual property as you see your brand and reputation protected.

If you’re a business owner trying to make more sales or have a patented technology to expand, for instance, and you’re granting a license to another party know that this is the path to follow – having a fool-proof licensing agreement drafted by an experienced lawyer.

The license agreement creates healthy boundaries between you and your licensee and clearly sets out the rights, obligations, and responsibilities of both parties, including the terms of usage.

Before hiring a lawyer for this service, please have in mind:

  • This service is only for drafting a licensing agreement.
  • If you have received a licensing agreement that you would like a lawyer to review before you sign, please see our service for reviewing documents.
  • If you’d like a lawyer to review your existing licensing agreement to advise on its effectiveness, please consult the service for reviewing documents.

What you will get from this service

After hiring an experienced lawyer for Licensing agreement, you can expect:

A 60-minute consultation with your lawyer to align objectives. You’ll discuss:

  • The terms of usage, including the time period and geographical regions within which the licensee can use your property.
  • Whether it’s an exclusive or non-exclusive agreement
  • Payment terms
  • Your objectives
  • Your specific questions about the agreement

You’ll receive a professionally drafted licensing agreement to use between your company and a specified licensee.

What will this enable you to do

  • A cost-effective way to expand your brand, trademark or patented technology into new markets.
  • A clear roadmap for any disputes or disagreements relating to sales, issues of quality or royalties.
  • Clarity on each party’s roles, rights, responsibilities and obligations for the duration of the contract.

What happens after I hire a lawyer?

Onboarding - You send your lawyer proof of ID and address and your lawyer checks for conflicts. You send any relevant documentation to your lawyer. Your lawyer send you a client engagement letter to sign and return.
Personal consultation - Choose between a phone, online or face-to-face meeting with your lawyer
Draft documentation – Your lawyer sends you draft versions of the documents for you to review
Revisions and approval – You review the draft, provide comments if necessary, and request revisions. Your lawyer will provide you with another iteration, incorporating your changes as far as possible. Once you’re happy with the document, you approve the final version.
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FAQ’s

What is out of scope for this service?

This service includes one meeting and one round of comments on your document, which your lawyer will incorporate. It does not include:

  • Any further meetings, phone calls or emails.
  • Negotiations with the licensee or any other third parties.
  • Any additional iterations of the document after one round of comments
What happens if the scope changes during my matter?

Sometimes matters will evolve into something more complex than you and your lawyer first envisaged. Your lawyer will provide you with a fixed-fee quote for any additional work that is outside of the original scope.

What assumptions have been applied to the price quoted?
  • You provide accurate information about the brand name, trademark or patented technology which is subject to the licensing agreement.
  • Both parties are entering into the licensing agreement willingly and are acting independently.
  • The parties to the licensing agreement have no prior relationship with each other.
  • Your company is a private limited company registered in England or Wales.
  • The agreement is for a specified, named licensee. You will not receive a template agreement that you can use for agreements with licensees arising from time to time.
What happens if i'm not happy with the service?
What happens if I change my mind?

You can cancel the service at any time and for any reason within 14 days of purchase (the ‘cooling-off period’). If you cancel within 14 days of purchase, you will receive a full refund.

However, if you asked for services to be provided during the cooling-off period, we will keep the necessary funds to cover the cost of the services provided up until the time you cancelled.

If you want to cancel the services after 14 days, you will not be entitled to a refund.

Suzanne Harley-Davies
Suzanne Harley-Davies
Freelance Legal Services Ltd

Getting over the hurdle of starting a new business and the challenges that follow requires a vast am...

£250.00 +VAT

Sold By: Suzanne Harley-Davies

28 years experience across

Financial Services
Professional Services
Tech, IT and Software

Working with

  • Sole Trader / Freelancers / Self-Employed
  • Microbusiness (up to 10 Employees)
  • Medium-sized business (up to 50 employees)
Find a lawyer
Suzanne Harley-Davies
Suzanne Harley-Davies
Freelance Legal Services Ltd

Getting over the hurdle of starting a new business and the challenges that follow requires a vast am...

£250.00 +VAT

Sold By: Suzanne Harley-Davies
Name(Required)

28 years experience across

Financial Services
Professional Services
Tech, IT and Software

Working with

  • Sole Trader / Freelancers / Self-Employed
  • Microbusiness (up to 10 Employees)
  • Medium-sized business (up to 50 employees)

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