Our Commercial, IP & Technology team work with established companies and start-ups. We are prominent in the TMT space and advise clients who are developing “apps”, involved in “ecommerce”, building social networks, provide IT or telecommunication services or are involved in digital marketing. We have a track record in working closely with these clients as their business establishes itself and grows.
Our clients value having the protection and certainty that up to date and enforceable contracts give. Our team is able to prepare appropriate documentation for any deal or collaborative venture. We have particular experience in preparing and negotiating the following agreements:
Terms and Conditions (B2B & B2C; goods & services; online & “traditional”)
Franchise
Distributor
Influencer Marketing – Brand Sponsorship
NDAs
Licences & Assignment of IP
Intellectual property rights
Intellectual property rights are vital in the modern economy and can give you an advantage in the market place over your competitors. IP assets can also increase your value for the purposes of investment or sale of your business. Our team work with clients to maximise their intellectual property assets by protecting, positioning and building value via IP strategies. We are able to proactively manage international portfolios of trade mark registrations, conduct detailed audits of IP rights, protect IP assets when negotiating contracts and procure patent protection.
We regularly advise clients looking to develop, exploit, license and sell technology, those looking to buy or install technology, and those who want to migrate to the cloud. Whether buying or selling, we identify and manage tech-related risk and produce clear, robust and pragmatic technology agreements and policies that give clients peace of mind.
Legal 500 notes that “the commercial, intellectual property and technology team at Wallace LLP assists clients with a range of corporate and commercial IT matters. The group regularly handles the development, exploitation, licensing and sale of technology, as well as purchase and installation issues”.
Notable case references
Technology & cloud:
Advising Excell on the purchase of IT/telecoms products and services from Telcos and on the sale and re-sale of such products and services to its customers.
Advising Efficio on the licensing of its bespoke proprietary procurement technology platform.
Advising Competitive Capabilities International on their global licence agreement with EY Catalyst Limited, a member firm of Ernst and Young Global Limited.
Advising technology provider Databarracks on disaster recovery as a service and back-up as a service.
Advising MedsOnTrack on software service agreements.
Advising a large portfolio investor on the migration of their IT infrastructure to a cloud platform.
Commercial contracts and IP:
Advising Efficio on procurement services contracts.
Advising on contract for provision of bar and concession services at events for Peppermint.
Advising on IP licences for Infringe Magazine.
Data Protection and GDPR:
Advising various clients how to comply with the GDPR regulations, including how to manage data collection, transfers, marketing databases, data breaches, handling data subject access requests and avoiding fines.