FREQUENTLY ASKED QUESTIONS
What are IP transactions?
IP transactions involve licensing, assigning, or transferring rights to intellectual property like patents, trademarks, software, or brand assets.
When does a startup typically need help with IP in deals?
Common situations include licensing a SaaS product, acquiring a domain or brand, closing a venture capital round, or selling part of the business.
What’s the difference between an IP license and an assignment?
A license grants permission to use IP; an assignment transfers ownership. We help determine which fits your goals and draft the right terms.
Do I need a formal agreement to license my software?
Yes. A written license outlines who can use it, how, for how long, and with what restrictions critical for protecting code and limiting liability.
What should be in an IP clause in a partnership agreement?
Clear terms about ownership, use, contributions, and what happens if the partnership ends. We draft clauses that anticipate real business scenarios.
Can I include open-source code in a product I’m licensing?
Yes, but you must comply with the license terms. We review your use and advise on legal risk and deal implications.
How do investors evaluate IP during due diligence?
They check for clear ownership, registration, assignment history, and third-party rights. We help prepare your IP portfolio for scrutiny.
What if we co-developed IP with a partner or contractor?
Joint ownership can be messy. We help clarify rights and draft agreements to avoid future disputes or investor red flags.
Can I license my brand to another company?
Yes. Trademark licensing is common in ecommerce and white-label deals. We draft agreements to maintain brand integrity and control.
Do I need to register IP before I license it?
Not always, but it strengthens your position. We assess your current protections and recommend whether registration is needed before the deal.
What risks should I look out for in an IP deal?
Ambiguous ownership, undefined usage rights, lack of enforcement clauses, or broad indemnity terms. We help you spot and fix these.
What’s an IP audit?
It’s a review of your IP portfolio to ensure clear ownership, identify risks, and confirm alignment with your contracts and strategy.
Can I include IP in an asset sale?
Yes, and it’s often the most valuable part. We ensure assignments are enforceable and include all necessary documentation.
What if the other party provides their own IP contract?
We review and redline third-party contracts to protect your company. Many "standard" contracts aren’t founder-friendly.
Do you work with our in-house or external deal team?
Absolutely. We collaborate with founders, GCs, accountants, and advisors to ensure smooth, aligned legal execution.
