Corporate,
Contracts
Apr. 23, 2016
Contracts, and attorneys, must evolve with software
Companies offering their services via the web, either in browsers as a subscription service should review their licensing language.
S. David Goldenberg
Partner
VLP Law Group LLP
Email: dgoldenberg@vlplawgroup.com
David is a founding partner of the firm. His practice involves helping growth-oriented companies on formation, financing, M&A and general contractual matters (including partnering and other business transactions). He counsels companies at all stages, from helping founders form the company to assisting mature companies on large financings or sale.
The world of software is evolving. While many companies still offer software for download or direct license, an increasing number of companies are offering their services via the web, either in browsers as a subscription service (SaaS) or through application programming interfaces (APIs). Think of how you use Google Docs versus Microsoft Word. SaaS offers the vendor a perpetual stream of income in contrast to the pay-once-and-use-forever model of the traditional software license, and the c...
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