The technology solicitors at Ironmonger Curtis understand the various risks and concerns surrounding the sharing of sensitive product information, whether it is software, hardware, websites or intellectual property. This can be a particular concern for SMEs dealing with larger corporations where the footings are rarely level.
Software developers should wish to protect their source code – it is after all the key to the value of the product and therefore the business.
Equally, customers should consider what might happen if the developer’s business fails to maintain its obligation, or perhaps becomes insolvent.
Whether you are a software developer, hardware designer, web designer, or a customer, the IT solicitors at Ironmonger Curtis can help you understand the wide range of risks and provide you with the knowledge and confidence to negotiate successfully, or we can assist with holding the product code in software escrow to be released should the worst happen.
For more information on software or intellectual property escrow, contact Ironmonger Curtis.