IP licensing is an agreement between the IP right holder and a second party, which is authorized to use the IPR in exchange for royalty. The agreement allows licensee to use the IP for a particular purpose.

There are various types of IP licensing such as Trademark and merchandising, Technology licensing etc. There are types of agreements also like exclusive and non exclusive agreements. Our experts will decide the nature of your licensing agreement after having a conversation with you.

The first benefit is that it allows you to retain control over the ownership and the manner in which your IP will be used by the other party. The second benefit is that you can earn monetary benefit in the form of fixed royalty that helps you to reclaim your investment you have put to procure the intellectual property.

We have a team of highly proficient professionals who draft the licensing agreement by taking care of all the technicalities.

It takes around 3-4 working days to draft a licensing agreement.

The duration depends on a case to case basis but it cannot exceed the duration of the IP itself.