Key Legal Issues For SaaS Agreements
Software as a Service (SaaS) has become increasingly popular and experienced widespread adoption in recent years by many businesses of all sizes because SaaS is cost-efficient, convenient, scalable and easy to implement.
However, SaaS agreements can present legal challenges for numerous reasons. At GalkinLaw, our software law attorneys understand what has to be done to protect your interests. Our content licensing lawyers have negotiated effective, secure agreements for companies of all sizes and industries, with specialized provisions that are custom-crafted for unique needs.
Why You Need A Software As A Service Lawyer For Your Agreements
SaaS agreements often involve the delivery of complex and evolving services, making it challenging to clearly define and specify all aspects of the services. At GalkinLaw, we wrote the book on the subject, identifying 10 key concerns for these agreements:
- License scope: Defines the permitted uses and restrictions of the software.
- License fees: Specifies the monetary considerations, such as payment terms and any additional fees.
- License terms: Outlines the duration, renewal and termination conditions of the software license agreement.
- Service levels: Establishes performance standards and commitments, including uptime, response times and availability of the SaaS service.
- Data security and privacy: Addresses the measures taken to protect user data, ensuring compliance with privacy laws and safeguarding against unauthorized access.
- Escrow: Provisions that can ensure continuity for the licensee.
- Warranties: Assurances regarding the functionality and performance of the software.
- Indemnities: Outlines the responsibility for legal costs and damages in case of intellectual property infringement or other specified liabilities.
- Liability limitations: Defines the extent of financial responsibility each party holds in the event of breaches or errors, limiting potential damages.
Our Software as a Service attorneys recognize the complexities involved and help our clients understand how to maximize the benefits of any SaaS agreements they have.
Contact An SaaS Attorney Today
Schedule a free consultation today with an experienced website agreements attorney by contacting GalkinLaw at 410-472-5757 or by completing our online contact form. We assist clients in any industry, all over the nation.