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Developing software for small firm legal precautions to take
18-May-2023 (In Startup Law)
we are software company going to develop mlm Website for small firm so what problem/issue will arise in future under cyber laws. So what precaution should be taken to prevent any loss.
Usually if it is a work for hire, then the person hiring the services wants to retain the IP. However, if you want to retain the IP in the software, then the agreement will specifically have to state that the IP created in the software shall be retained by you i. e. the author despite the work being 'work for hire' and that no IP is being transferred to the person hiring you for your services. You will have to negotiate the contract as the other party may not accept this. Also the agreement would have to be a non-exclusive agreement so that you can transfer the rights in the said software to a third party and hence you would have to retain the rights in the same.
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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