Website Agreement Legal Advice & Risk Mitigation / LS Law

Challenge

The client engaged a third party to develop their website but required help to ensure the development agreement covered all necessary aspects, including intellectual property ownership, KPIs, and payment terms. The initial agreement lacked provisions to mitigate risk or adequately cover their position. Additionally, as the company is based in Scotland, Scottish law needed to be considered in the agreement.

Solution

LS Law worked closely with the company’s CEO and CFO to thoroughly understand the project’s expectations, services to be delivered, costs, timelines, and ownership of intellectual property. LS Law then reviewed and updated the software and development agreement, ensuring all critical commercial and legal points were addressed.

Key Actions:

Comprehensive Review: Assessed the terms of the existing agreement to identify gaps and risks.
Detailed Updates: Revised the agreement to include necessary provisions for risk mitigation, intellectual property ownership, KPIs, and payment terms.
Collaborative Discussions: Engaged in discussions with the client to ensure all commercial and legal points were covered.

Results

The updated agreement provided a solid foundation for the successful completion of the website development project. It ensured the client was protected from key risks, facilitating smoother project execution and clearer expectations between the parties.

Quantified Benefits:

Risk Mitigation: Ensured comprehensive coverage of intellectual property, KPIs, and payment terms.
Enhanced Protection: Provided legal safeguards tailored to Scottish law.
Operational Clarity: Established clear expectations and responsibilities, reducing potential disputes.

The Future

The client plans to continue leveraging LS Law’s expertise for future projects, ensuring their legal agreements are robust and aligned with their business needs. This partnership will focus on proactive risk management and strategic legal support.

How did the client feel

The client felt heard and understood through several calls to discuss the problems and how to address them, leaving the client feeling confident that the contract would facilitate the outcomes expected.