Technology Transactions

Technology transactions encompass more than just a term sheet or an intellectual property license. They require attorneys who are well versed in the “art of the deal.”

Procopio’s Technology Transactions attorneys are experienced deal makers who have the requisite business experience to negotiate, draft, and implement technology transactions that capture the intent of the contracting parties while maximizing the protection for our client’s intellectual property position. Our attorneys navigate and chart strategies for transactions that intersect intellectual property, corporate, licensing, litigation and related matters. Depending on the size and complexity of the deal, our attorneys often loop into other firm experts in tax, securities, employment, and healthcare law. The result is a carefully crafted agreement that draws upon the collective experience of our attorneys.

As technology continues to evolve at the speed of thought, we are positioned to deliver best in class service. In most cases, we are asked to advise technology companies as an offsite or virtual advisor. However, in instances where technology transactions need on-site collaboration, Procopio commits its attorneys to travel both nationally and abroad in order to achieve a client’s unique goals and objectives.

Due to the industry spanning nature of technology transactions, our attorneys draft agreements that apply to numerous business sectors, including but not limited to:

  • Co-branding agreements
  • Data privacy, transfer, and security
  • Distribution and licensing agreements
  • Exports and imports
  • Information technology agreements
  • Intellectual property licensing (includes patent, copyright and trademark)
  • Materials transfer agreements
  • Outsourcing and software licensing initiatives
  • Reseller agreements
  • Strategic alliances and joint ventures
  • Supply agreements

Deal Philosophy

We do not take a one size fits all approach to our client’s needs. Every technology transaction is approached with measured fact-gathering, business modeling, and appropriate intellectual property safeguards. With this in mind, we serve as thoughtful advisors committed to learning about our client’s business and how a given technology transaction would best serve that purpose. We take an integrative approach to negotiating, crafting, and implementing a wide variety of technology transactions.

Comprehensive Due Diligence

Technology transactions require a comprehensive approach, a thoughtful understanding of a client’s needs, and a cost-efficient network of attorneys to fashion the correct agreement. Our goal at the outset is to understand your business and what elements would enable our collective deal team to achieve its goals. We have 30+ intellectual property attorneys whose experience spans multiple industries in order to secure your company’s interests. Our deal teams are comprised of savvy intellectual property and corporate attorneys who can rapidly issue spot items that are particular to your specific industry. In addition, our deal teams work with you to structure technology transactions that leverage potential opportunities for your expanding business needs and goals. Furthermore, once a technology transaction is perfected, our role is to serve as a continuous legal advisor as your business needs evolve. Often, we remain a vital resource for client business teams following the closing of their technology transaction and continue act as their outside general counsel on transactional and related matters.

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At Procopio, achieving greater diversity within the firm is more than a philosophy; it’s a vital part of our practice and culture. We are committed to being a diverse workplace that reflects the diverse community where our employees live and work. Our commitment to diversity enables the firm to draw from a remarkable wealth of talent. We believe that a diverse workforce at all levels fosters an environment that supports innovation and creative problem solving. It is this philosophy that enables us to provide better service to our clients. Diversity helps provide a wide range of viewpoints and perspectives to the issues that clients face, and contributes to better solutions for the success of both Procopio and our clients. Therefore, it is our goal to foster and maintain a firm-wide culture and environment that supports and promotes diversity and teamwork so that all employees, regardless of their background, feel welcome, included, valued, supported and able to succeed and reach their potential of excellence at Procopio.

Procopio is highly committed to preserving and enhancing the quality of life for our attorneys. We strive to create and maintain an environment that allows them to fully pursue their passions apart from the legal profession. We respect individual life choices and strive to provide an environment which fosters both commitment to our clients and commitment to the families of our attorneys and the community.

At Procopio, we consider our diversity efforts to be crucial for Procopio to continue to provide the high level of service our clients need and deserve. We also recognize that a commitment to diversity requires sustained attention and effort. Procopio has made diversity a priority in the firm’s management, recruiting, retention and day-to-day practice. Procopio is committed to sustain its attention and efforts to maintain a diverse workplace that reflects the diverse community in which we live and work.

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