Licensing Agreements
We offer smart licensing agreement drafting law services to clients at a cost effective rate.
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License Your Intellectual Property
Our Licensing Agreement Fees | Our Licensing Agreement FAQs
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 You 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.
Contract Team
Ian has a great understanding of contract drafting especially for commercial purposes, and can assist SME’s with their legal needs.
Abdul carries out a broad range of legal work which include contract drafting and reviewing.
What our clients say?
Licensing Agreement FAQ's
Yes, if the license has been allowed to be transferred or sub-licensed with or without the licensor’s consent. Rights do not need to be transferred together, where an assignment or other transfer of copyright may be partial.
Yes. An assignee of the copyright has, unless otherwise agreed, full powers as owners. They can change as they wish, without infringing the author’s moral rights. The assignee should, where possible, secure a transfer ‘with full title guarantee.’
The assignment must be in writing and signed by, or for, the assignor, and if it related to future copyright, take the form of an agreement.
You should consider the exclusivity, the transferability, the territory, the duration and determination, the payment, the purpose, the modifications or improvements allowed, and the warranties.
They do not need to be in writing and may be implied by the course of dealings, only requiring the minimum to secure parties’ intentions. However, if it is an exclusive license of copyright, it must be in writing and signed by or for the owner.
Yes, depending on the local position of jurisdiction. Future copyright is a transfer including copyrights that do not yet exist. Some areas do not recognize this, however, the ability to assign future copyright.
Yes. The copyright license needs every party to agree to have each part of the license be aware to everyone.
Yes. There must be an agreement and understanding without question of who is paying the costs for what; whether it is a fixed fee, commercial rate or royalty; if there will be an advanced payment; and the process in general.
No. The licensor will want to maintain ultimate control over the enforcement of the rights against the third parties where an infringement is identified. The licensee must make sure to abide by the guidelines written in the license and does not go against the stated agreement.
It is important to set out in sufficient detail what the licensee is licensed to do. It should be immediately obvious to a reasonable third party. Use a schedule for very specific limitations.
Service | Fees | VAT | Total |
---|---|---|---|
Licensing Agreements | From £800 | £160 | From £960 |
Licensing Agreement Review | £450 | £90 | £540 |