Business & Securities Law

4.85

Software Licensing Agreements: Drafting and Negotiations

Credits Available
Credit Status Total
Alaska CLE Approved 1.5 Total
Alabama CLE Approved 1.5 Total
Arizona CLE Approved 1.5 Total
California CLE Approved 1.5 Total
Colorado CLE Approved 2 Total
Connecticut CLE Approved 1.5 Total
Delaware CLE Approved 1.5 Total
Georgia CLE Approved 1.5 Total
Hawaii CLE Approved 1.5 Total
Idaho CLE Upon Request 1.5 Total
Illinois CLE Approved 1.5 Total
Maine CLE Approved 1.5 Total
Minnesota CLE Approved 1.5 Total
Missouri CLE Approved 1.8 Total
Northern Mariana Islands CLE Approved 1.5 Total
Montana CLE Approved 1.5 Total
North Dakota CLE Upon Request 1.5 Total
Nebraska CLE Approved 1.5 Total
New Hampshire CLE Approved 1.5 Total
New Mexico CLE Approved 1.5 Total
Nevada CLE Approved 1.5 Total
New York CLE Approved 1.5 Total
Ohio CLE Approved 1.5 Total
Oklahoma CLE Approved 2 Total
Oregon CLE Approved 1.5 Total
Pennsylvania CLE Approved 1.5 Total
Vermont CLE Approved 1.5 Total
Washington CLE Approved 1.5 Total
Wisconsin CLE Approved 1.5 Total
West Virginia CLE Approved 1.8 Total
OnDemand
1 hours 29 minutes
Michael Overly
With Michael R. Overly from Foley & Lardner LLP
Recorded January 22, 2024
Product ID 97998

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Overview

Due Diligence, Major Provisions, and Negotiation Best Practices

Software licensing agreements are a necessary evil for most businesses today. This legal briefing offers practical insights to help you conduct real due diligence and meaningful negotiations before you sign. Register today!

  • Improve your due diligence: learn what red flags to look for.
  • Negotiate more favorable contract terms with guidance from expert faculty.
  • Review critical provisions and get guidance on redlining agreements.

Abbreviated Agenda

  1. Understanding Core Concepts
  2. Negotiation Goals and Priorities: Licensee and Licensor Perspectives
  3. Due Diligence Best Practices
  4. Key Provisions: Drafting and Negotiation
    1. Agreement Overview: What Needs to Be in the Contract
    2. Scope and Important Definitions (Services, Tech Specifications, Acceptance Criteria)
    3. Price
    4. Intellectual Property Issues
    5. Confidentiality and Data Issues (Ownership, Security Obligations)
    6. Indemnification and Limitation of Liability
    7. Reps and Warranties
    8. Maintenance and Support Obligations
    9. Duration and Termination
  5. Generative AI Uses in Contract Drafting, Review, and Management

Related Topics

Product ID 97998

Credit Details

Credits Available
Credit Status Total
Alaska CLE Approved 1.5 Total
Alabama CLE Approved 1.5 Total
Arizona CLE Approved 1.5 Total
California CLE Approved 1.5 Total
Colorado CLE Approved 2 Total
Connecticut CLE Approved 1.5 Total
Delaware CLE Approved 1.5 Total
Georgia CLE Approved 1.5 Total
Hawaii CLE Approved 1.5 Total
Idaho CLE Upon Request 1.5 Total
Illinois CLE Approved 1.5 Total
Maine CLE Approved 1.5 Total
Minnesota CLE Approved 1.5 Total
Missouri CLE Approved 1.8 Total
Northern Mariana Islands CLE Approved 1.5 Total
Montana CLE Approved 1.5 Total
North Dakota CLE Upon Request 1.5 Total
Nebraska CLE Approved 1.5 Total
New Hampshire CLE Approved 1.5 Total
New Mexico CLE Approved 1.5 Total
Nevada CLE Approved 1.5 Total
New York CLE Approved 1.5 Total
Ohio CLE Approved 1.5 Total
Oklahoma CLE Approved 2 Total
Oregon CLE Approved 1.5 Total
Pennsylvania CLE Approved 1.5 Total
Vermont CLE Approved 1.5 Total
Washington CLE Approved 1.5 Total
Wisconsin CLE Approved 1.5 Total
West Virginia CLE Approved 1.8 Total
Select Jurisdiction
CLE

Agenda

All times are shown in

  1. Software Licensing Agreements: Drafting and Negotiations

    1. Understanding Core Concepts
    2. Negotiation Goals and Priorities: Licensee and Licensor Perspectives
    3. Due Diligence Best Practices
    4. Key Provisions: Drafting and Negotiation
      1. Agreement Overview: What Needs to Be in the Contract
      2. Scope and Important Definitions (Services, Tech Specifications, Acceptance Criteria)
      3. Price
      4. Intellectual Property Issues
      5. Confidentiality and Data Issues (Ownership, Security Obligations)
      6. Indemnification and Limitation of Liability
      7. Reps and Warranties
      8. Maintenance and Support Obligations
      9. Duration and Termination
    5. Generative AI Uses in Contract Drafting, Review, and Management

Who Should Attend

This legal guide is designed for attorneys. Accountants and paralegals will also benefit.

Speakers

Michael R Overly
Michael R.
Overly
Foley & Lardner LLP
Speaker bio
Michael R Overly

Michael R. Overly

Foley & Lardner LLP
Michael Overly

is a partner in Foley & Lardner LLP's Information Technology and Outsourcing Group, and Privacy, Security and Information Management groups. He is one of the few practicing lawyers who has satisfied the rigorous requirements necessary to obtain the Certified Information System Auditor (CISA), Certified Information Systems Security Professional (CISSP), Information Systems Security Management Professional (ISSMP), Certified in Risk and Information Systems Controls (CRISC), Certified Outsourcing Professional (COP), and Certified Information Privacy Professional (CIPP) certifications. He writes and speaks frequently regarding negotiating and drafting technology transactions and the legal issues of technology in the workplace, e-mail and electronic evidence. Mr. Overly has written numerous articles and books on these subjects and is a frequent commentator in the national press (e.g. New York Times, Chicago Tribune, Los Angeles Times, Wall Street Journal, ABCNEWS.com, CNN and MSNBC), and has testified before the U.S. Congress regarding online issues. Among others, he is the author of several books, including Big Data: A Business and Legal Guide (CRC Press 2014); A Guide to IT Contracting: Checklists, Tools and Techniques (CRC Press 2012); e-policy: How to Develop Computer, E-mail, and Internet Guidelines to Protect Your Company and Its Assets (AMACOM 1998); Overly on Electronic Evidence (West Publishing 2002); The Open Source Handbook (Pike & Fischer 2003); Document Retention in The Electronic Workplace (Pike & Fischer 2001); Licensing Ling-by-Line (Aspatore Press 2004); and Practice Guide: Drafting and Negotiating Effective Cloud Computing Agreements (LexisNexis (2015). Mr. Overly earned his B.S. and M.S. degrees from Texas A&M University and his J.D. degree from Loyola Law School, where he was articles editor of the Loyola Law Review and elected to Order of the Coif.

View full profile

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