how much should i pay for saas agreement with my lawyer

by Easton Bailey 7 min read

What is a SaaS agreement?

Jan 11, 2022 · Drafting SaaS agreements comes with costs because it requires the time of a licensed technology lawyer to complete the project. ContractsCounsel's marketplace data shows the average SaaS agreement drafting costs to be $1,156 across all states and industries.

What happens if you get sued for SaaS?

Jan 11, 2022 · Drafting SaaS agreements comes with costs because it requires the time of a licensed technology lawyer to complete the project. ContractsCounsel’s marketplace data shows the average SaaS agreement drafting costs to be $1,156 across all states and industries.

Do SaaS companies need liability caps?

A SaaS agreement, or a software as a service agreement, lays out terms and conditions of a software delivery model. In this type of model, software and data will be centrally hosted and users will access the software and data over the internet. A SaaS agreement may include heavy service elements, or it may just give end users access to products ...

What is a SaaS license or access clause?

Nov 25, 2020 · The SaaS agreement is between the software developer and the user. It provides an online reference to both the providers of the software and its users. SaaS agreements are different from regular software agreements, which usually require large …

What is SaaS agreement?

The SaaS agreement is between the software developer and the user. It provides an online reference to both the providers of the software and its users. SaaS agreements are different from regular software agreements, which usually require large upfront payments for licensing.

What is SOFFRONT SAAS?

Soffront is an example of a client relationship management company that has a good termination clause in their generic SaaS agreement. It states that a user's access to the SaaS service could be revoked immediately for any failure to abide by the terms of service.

What is SaaS agreement?

SaaS Agreements: Software as a Service (“SaaS”) Agreements is a term that is used to apply to a wide variety of service provider agreements. Infrastructure as a Service; Platform as a Service, back-up as a service to name a few of the variations.

Why do developers use SaaS?

SaaS from a Developer’s Perspective: While there are many reasons software developer clients prefer the SaaS model, the two more prominent reasons include: quicker implementations and a short term Operating Expense (vs. a series of long term Capital Expenses). However, the benefits to software developer’s business are simple. SaaS is a single comprehensive offering with one sales cycle; one in which more of the implementation variables are now under the control of the SaaS provider. You provide the application, the hosting service, and the software support as part of a reoccurring SaaS subscription fee. In most cases, customers pay an additional implementation fee for the consulting services necessary to aide them in their implementation…. Learn more about SaaS from a developer’s perspective.

Who is John O'Brien?

As a professional services counsel for Digital Equipment in the early 1990s he worked closely with Project managers and their team in support of customized software development and deployment projects in their NYC Area practice, the largest PS practice in the country at the time. Later as an Area Counsel in Sun Microsystems he witnessed the amazing client server/open systems shift that is often referred to as the .com. More recently he has been immersed in support of software developers and SaaS providers. Change is the only constant, but you need to be able to discern the implications of the change on your operation and adapt. Let him help put that experience to use for you.

How to determine the fee of a lawyer?

Just like with any question related to a lawyer’s services, the fee you will pay for a legal professional to look over your contract depends on the lawyer's hourly rate and the contract's complexity. Here are some factors it can depend upon: 1 The length of the contract 2 Your budget 3 What does the attorney need to look for 4 If you need just a review or help with drafting services 5 Your industry 6 Rules and regulations in your industry 7 The amount of money at stake 8 The duration of the contract 9 How much risk are you willing to take on 10 The number of signing parties involved 11 Your lawyer’s experience and current workload

What is issue specific contract review?

An issue-specific contract review is the most economical option if spending money is the most important factor for you. If you are mostly happy with the contract, but not quite clear on some of the specific terms or issues, or need a specific clause of the contract explained, the lawyer will just look over those specific areas of concern. A lawyer can help decipher the legalese and explain those terms in common English so you can figure out if they work for you. You don’t want to sign things you don’t understand, so if you're on a tight budget, but still need the peace of mind, this is a good way to feel more confident before signing the agreement.

What is redlining a contract?

In the legal world, this is known as “redlining a contract”, which can really help the whole process move along more smoothly. In other words, you don’t have to discuss the changes in your agreement with the other party, as they will receive the contract already finished with the option to accept or deny.

Do lawyers charge flat fees?

Each lawyer sets his or her own prices depending on their own level of expertise and the fees they charge can vary greatly from one attorney to the next. Most of the time, however, lawyers use either flat-fee pricing or hourly pricing when they get hired to review a business contract.

What is a liability clause?

Liability clauses, which allow you to offer products without crippling lawsuit exposure. 1. The License or Access Clause. Every software product needs a clause to define the limits of what its users may do with it.

Does B2B have a warranty?

And this is the case for some B2B SaaS products as well, like Salesforce and Google’s Firebase. Many other B2B SaaS products, however, must offer some degree of warranty because customers demand them. In those cases, the warranty is an indispensable feature of the product itself.

Do you need a copyright license for SaaS?

Depending on how your product works, you may need your customers to grant you a license to use their data or content. Most data and content — most stuff that people can upload to or publish through SaaS products — is subject to copyright protection, meaning that the SaaS product’s operator could be infringing customers’ own copyright without a license to use it. There’s a simple fix: just provide a second license stating what you can do with what types of user content. For example, if your product is a website that allows users to publish content they write, or their artwork, customers should grant you a perpetual, non-exclusive, worldwide, sublicensable license to copy, create derivative works from, and publish the user content. Here we see some new license terms not explored above:

How much does an attorney charge per hour?

Rates typically vary from as little as $75 per hour to more than $500 per hour.

Why do lawyers have written agreements?

The simple reason to have a written agreement with your attorney is to make sure that both parties to the contract know what is going on. Most disputes that arise between lawyers and their clients are about money, whether it is how much the attorney is owed, or how much the client is owed as a refund. In order to resolve these disputes quickly and ...

What is representation agreement?

Representation Agreement: Your Attorney and You. No matter which state you live in, or how well you know your attorney, you should always enter into a written representation agreement (sometimes called a fee agreement) with your lawyer. These contracts normally set out the terms of the attorney-client relationship as well as ...

Why is it important to have a written contract?

In order to resolve these disputes quickly and without the need for court intervention, it is best to have a written contract in place that can clear up these issues. It is highly effective to be able point to a specific part of a written contract in order to prove your point.

What is client file?

Client files. The contract should specify how and at what cost the client can obtain a complete copy of their client file held by the attorney. The contract should specify who will do the work, meaning who will do the research for the case, and who will argue it in court if litigation is necessary.

Is litigation expensive?

It should be no shock that litigation can be quite expensive, even excluding the costs that an attorney charges. These fees must come from somewhere, and your representation agreement should specify from where. If you are expected to pay for all filing fees, then that should be in the contract you have with your lawyer.