Business Lawyers in Columbus, Ohio
From data security and privacy to product development, our Columbus Internet of Things law firm offers expertise with the legal issues associated with IoT products and have experience working with companies focused on IoT development and IoT services.
One of the more exciting areas of law and technology, Internet of Things products and services present more and more legal issues as the industry grows. IoT applications include industrial, healthcare and medical services, home improvement, agriculture, communications, retail, smart home, smart city, wearable and consumer products, and energy and clean technology. Each application has its own unique legal components , and our IoT attorneys work with clients on a variety of Internet of Things matters.
For IoT companies, the services agreement with your customers can perhaps be the most important contract that you enter into. Beyond just determining your revenue stream, likely with a subscription model, your IoT services agreement should cover a number of critical areas when it comes to rights and expectations between you and customers.
Clear user limitations can potentially save thousands of dollars should issues arise in the future. For example, you may want to stipulate that users cannot lend login information to non-authorized third parties, cannot use your services for purposes of competitive analysis, or use your services in a manner that overloads, interferes, or disrupts your servers and infrastructure.
Another critical part of IoT services contracts that we advise on are service levels. We help both IoT providers and customers understand and negotiate service level terms. This includes addressing service availability commitment and standards, scheduled downtime and maintenance windows, force majeure events, and service availability credits.
A good IoT services agreement will cover a range of ancillary concerns as well. Do not neglect termination rights, ownership of intellectual property and licensing, remedies for non-payment or late payment, export restrictions, and support and maintenance.
Outsourcing or contracting for the manufacture of your IoT hardware can be one of other biggest legal transactions your IoT company enters into. Our Ohio Internet of Things law firm counsels clients on all aspects of Original Equipment Manufacturer (OEM) agreements.
This includes addressing facility and equipment standards, defect reporting standards, liability for defective products, quality control, exclusivity of manufacturing and non-competes, transfer of title and risk, packaging specifications and standards, insurance standards, pricing and payments, and intellectual property ownership and licensing.
One of the more valuable components of IoT services is the data generated. We assist with a range of data-related legal issues, including data security and privacy, data breaches, and data analysis and data analytics services agreements. With data analytics, we advise on platform access, data anonymization, confidentiality, and personally identifiable information.
From small acquisitions to multi million-dollar sales, our Columbus Internet of Things attorney is experienced with buying and selling technology companies. We help both buyers and sellers understand key purchase and sale details, including purchase price and earnouts structure, transition assistance, transfer of intellectual property, and employee retention.
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