Licensing Pitfalls & Solutions

Womble Carlyle's presence in Silicon Valley was strengthened late last year with the addition of Jay Landrum – a senior corporate attorney with almost 25 years of experience. Jay has founded two companies, served as GC for a NYSE-traded corporation, and for many years has represented a wide range of SV businesses on transactions and corporate matters.

It's been great to have Jay on board and it's been particularly helpful to be able to tap his experierence on contracts and licensing matters which are so critical to our clients' continuing growth and financial health.

A licensing agreement is intended to provide financial opportunities for both the licensor and licensee, but as we all know, things don't always work out that way. I asked Jay if he could outline some of the common pitfalls in licensing and how he helps his clients steer a clear path through potential difficulties with their licensing matters.