License your Intellectual Property
A licensing agreement is essentially a legally binding agreement that gives the licensee the authority to use the licensor’s intellectual property. This includes the brand name, trademarks, patented technology and ability to produce and sell goods authored by the licensor. These types of agreements are often used by licensors in order to commercialise their Intellectual Property.
The licensee will in most cases pay an upfront fee, followed by royalty fees.
What are the advantages of a licensing agreement to the licensor?
A licensing agreement allows the licensor to reach new markets and geographical locations without having to worry about distribution. They can also generate passive revenue through royalties. The licensor can also gain the skills and expertise of the licensee.
What are the advantages of a licensing agreement to the licensee?
For the licensee, a licensing agreement allows them access to already established intellectual property. The licensee doesn’t have to seek resource to conduct research and development for the development of their own products or services.
How can Freeman Harris help y0u with a licensing agreement?
We are very knowledgeable in the field of licensing and intellectual property. We can assist you in the correct manner at a fee that suits.
If you have a licensing agreement dispute or would like us to provide advice on drafting a contract, please contact us, and we will outline the service we can offer, and the associated costs.
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Licensing Agreements Fees
|Licensing Agreements||From £800||£160||From £960|
|Licensing Agreement Review||£450||£90||£540|