Technology and digital commerce
Withers’ global offering is especially useful to fast-growing digital businesses.
With offices around the world, we can advise on how to comply with the complex regulatory frameworks in different jurisdictions. Our knowledge spans electronic marketing, online promotional games, escrow, software development, domain name registration and peer-to-peer lending.
We have advised on the creation of social media platforms and digital commerce solutions for major fashion brands and for some of the biggest football clubs in the world. We acted for Renault F1 in the acquisition of IT technology for use at the company’s cutting-edge Control Fluid Dynamics center, and recently helped with the establishment of a technology industry body, Innovate Finance, which supports the growth of cutting-edge technologies in the UK’s financial sector.
The team regularly advises clients across all sectors in relation to the acquisition and licensing of technology and data sitting across the table from large IT vendors. A leading partner in our UK technology team, Kenneth Mullen, has an extensive background in this area having previously worked with some of the biggest names in the IT and software sector, such as Microsoft, Expedia and SunGard Data Systems.
We are here to guide you through each step of IT procurement – from contract review, drafting and negotiation to governance and compliance as the technology interfaces with other areas of business. We are also on hand to deal with any technology-related issues that are thrown up during corporate transactions such as acquisitions or restructuring.
Our team assists businesses negotiating their way through technology regulation, such as laws dealing with e-commerce, digital signatures, financial services, data protection, advertising and protection of consumers in cyberspace.
Helping you understand and comply with international regulations
And as governments around the world play catch-up in trying to regulate the internet and fintech, we are often called upon by technology clients and financial services sector providers to help them understand and comply with international regulations. ‘Having certainty that you can apply your business model internationally is incredibly important in financial services and technology, but standards in one country might not be the same in another. Having both industry knowledge and specialist lawyers in the US and Europe means we can stay on top of that,’ comments partner Kenneth Mullen.
Alongside your company’s development, we will devise robust protection strategies to ensure your intellectual property rights in respect of your data, know-how and technology are secure.
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