what is a tech transactions attorney?

Search more Technology Transactions Attorney Job An IP technology transactions attorney is a lawyer who handles legal matters related to technology, including software licensing, transfer and outsourcing issues.

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What is a transactional lawyer?

“As a tech transactions lawyer, clients are looking to me to understand how their product works and then help them apply the appropriate legal and business framework with that deep understanding of the product front of mind,” Shevell says. “I can’t do my job well for them if I don’t really understand how their product works.”

What is a “tech lawyer”?

Dec 05, 2016 · What Does a Technology Transactions Attorney Do? This practice area is focused on the law as it relates to software licensing, software transfer, and outsourcing issues. Technology transactions lawyers assist companies in accessing the different kinds of technologies that are being continually created so the companies can become more efficient …

What is the difference between a law firm litigator and law firm transactional?

Neeraj Shah, associate: Tech transactions is a catchall term that encompasses any transaction that involves or otherwise touches upon technology or intellectual property. This broad definition captures many different types of transactions, and White & Case’s tech transactions group has a similarly broad mandate.

What is technology transactions group?

An IP technology transactions attorney is a lawyer who handles legal matters related to technology, including software licensing, transfer and outsourcing issues. IP technology transactions attorneys assist their clients in accessing different kinds of technologies and using those technologies to help their companies grow.

What is a technology transactions lawyer?

Our TTG attorneys advise companies doing business in AI data- and algorithm-rich environments, helping clients do everything from securing rights to training data sets, and services and data management platforms, to rolling out connected technologies to enterprise customers and consumers.

What is a tech transaction?

Neeraj Shah, associate: Tech transactions is a catchall term that encompasses any transaction that involves or otherwise touches upon technology or intellectual property. This broad definition captures many different types of transactions, and White & Case's tech transactions group has a similarly broad mandate.

What are the 4 types of lawyers?

Here's an overview of the most common types of lawyers.Personal Injury Lawyer. ... Estate Planning Lawyer. ... Bankruptcy Lawyer. ... Intellectual Property Lawyer. ... Employment Lawyer. ... Corporate Lawyer. ... Immigration Lawyer. ... Criminal Lawyer.More items...•Sep 29, 2020

What do corporate transaction lawyers do?

A transactional lawyer will oversee contracts and agreements concerning financial exchanges. They verify all documentation, negotiate on behalf of the company, and offer legal counsel regarding intellectual property, real estate transactions, licensing and trademarks, and mergers and acquisitions.Dec 8, 2020

What type of lawyer is the highest paid?

Highest paid lawyers: salary by practice areaPatent attorney: $180,000.Intellectual property (IP) attorney: $162,000.Trial attorneys: $134,000.Tax attorney (tax law): $122,000.Corporate lawyer: $115,000.Employment lawyer: $87,000.Real Estate attorney: $86,000.Divorce attorney: $84,000.More items...•Dec 14, 2021

What kind of lawyer gets paid the most?

Medical AttorneysMedical Attorneys Medical lawyers are among the highest paid types of lawyers and earn one of the highest median salaries in the legal field.Oct 27, 2021

What lawyers go to court the most?

Criminal Defense Lawyer Criminal defense lawyers may appear in court more frequently than other types of lawyers—especially if a case goes to trial.

Do Corporate Lawyers need to pass the bar?

To become a corporate lawyer, one needs to get a degree in law by taking up a five-year Bachelor of Law(B.A. LL.B) ... To be admitted into a law school in India, you need to take an entrance exam called the Common Law Admission Test(CLAT).Jul 2, 2019

Can you do both transactional and litigation?

While there is some overlap between these two large areas, most lawyers (especially in larger firms) concentrate their practices on one or the other. Solo and small firm practitioners tend to be more generalists and will engage in a mix of transactional work and litigation.

What skills do transactional lawyers need?

Skill Set RequiredAnalytic skills.Legal research.Written advocacy.Drafting skills.Client relations.Negotiation.

Can you run us through a recent tech transactions deal? What was your role on it?

Ajita Shukla, associate: White & Case is current advising a global company in its divestiture of certain assets. The deal consists of a handful of geographically-focused deals that are progressing concurrently. Our team helped manage all of the deal documents, negotiations and issues related to IP and the technology involved.

How has the area developed over the past five years? Have you noticed any recent trends?

NS: Over the past five years, the pace of transactions has drastically increased as tech firms grow their tech activity and non-tech firms make technology investments. This has meant that our tech transactions group has grown significantly in size over the past five years.

What challenges come with the practice?

NS: It is important for us to have a certain standard of technical fluency to deliver the best possible advice to our client. As technology is rapidly changing, keeping abreast of the latest developments can be particularly challenging.

What is the most exciting aspect of being a tech transactions lawyer?

AAH: The fact that technology is often outpacing the law makes tech transactions both challenging and exciting. In many instances, the agreements that tech transactions attorneys draft are not based on forms or precedents, but are drafted anew to address the unique issues and risks associated with new tech.

What personal traits make a good tech transactions lawyer?

ED: It is often assumed that a technological or otherwise science-based background is required to be a tech transactions associate, but that is not the case. Having an interest in technology and intellectual property law, however, is essential because you are committing to a field that requires constant attention to learning new things.

How can students keep up to date and get a head start in the area?

EH: Take intellectual property law classes at law school (e.g.

What opportunities are unique to practicing at White & Case?

AAH: White & Case is a truly global law firm with 44 offices in 30 countries and six continents – and our people represent 109 nationalities and speak 88 languages. Last year, White & Case advised clients from 121 countries on matters in 185 countries. The diversity and global mindset of our people and our work is truly unique.

What is transactional lawyer?

Transactional lawyers, on the other hand, are mostly business lawyers; they are trained to focus on the details of business deals . Arbitrators and mediators with a transactional background usually have a deeper understanding of the way a particular industry works.

What is the technology sector?

The technology sector covers a broad array of industries. The technology sector includes semiconductors and computer hardware, software and applications, computer networking and telecommunications, biotech, pharmaceuticals, aerospace, alternative energy, automotive, nanotech and materials sciences, to name a few.

Why is international law important?

Knowledge of international law is particularly important in international arbitration because it involves a critical interplay between foreign and local laws, courts and treaty protections.

What is a patent prosecutor?

Patent prosecutors and licensing lawyers are generally transactional lawyers. Patent prosecutors almost always have a hard-core technical background in a specific engineering field and are experienced in the intricacies of drafting and prosecuting patent applications submitted to the patent office.

What does a tech lawyer do?

Tech lawyers work with tech companies – and that work includes skill sets beyond IP. While most lawyers can handle a basic contract dispute, some legal practices are more specialized. Even contract work for tech companies can call for specialized knowledge in areas such as patent licensing, tech financing or outsourcing.

What is trade regulation?

Trade regulation includes work by antitrust lawyers who advise on or litigate business competition matters. Regulatory lawyers in the defense, telecom and certain health and energy sectors handle government regulatory matters. Some tech company lawyers focus on government contracting.

How to become a tech?

Get the information and training you need to serve a tech-centric world 1 Comb the internet for free, reputable sources of practicums, lectures, etc. in areas of interest. (Check out Cornell Tech’s Digital Life Initiative seminars !) 2 Subscribe to newsletters, feeds, and podcasts, like ATL’s Evolve the Law and Cornell Tech’s “Good Code” podcast . Many law firms also have news feeds featuring top practitioners writing on the latest practice developments. 3 Build your privacy skills. Every client with employees or customers has potential privacy issues, and we are at a historic moment where privacy law is about as complicated as it could possibly be. The US has a fragmented state law system, while the EU has a complex system of its own. To make yourself a strong candidate for privacy lawyer jobs, data privacy CIPP certifications issued by the IAPP are valued by law firms and industry players alike. 4 To really accelerate your capabilities, consider advanced degrees like Cornell Tech’s LLM in Law, Technology & Entrepreneurship which provide a deep dive into technology law.

Is due diligence an investment?

You may have to spend days on due diligence or other projects, but it is an investment that will increase your understanding of the work you hope to do. Consider legal technology. Every law firm is also a client of tech-related services.

What is a tech lawyer?

There’s not one answer to what a “tech lawyer” is. There are data privacy lawyers, tech transactions lawyers, IP specialists, corporate or in-house lawyers working with high-growth startups, product counsel, employment lawyers navigating a newly remote workplace, digital media lawyers, legal technologists using new tools to enhance legal practice, ...

Cloud Computing & Infrastructure Outsourcing

Representing both buyers and providers of web and cloud computing services, our technology lawyers have extensive experience negotiating infrastructure outsourcing contracts that strike a balance between integrated service management solutions and meeting robust compliance standards.

Commercial Contracts

We have negotiated thousands of technology-related transactions from both the provider and the buyer sides of the table. Our team possesses deep experience representing startups and Fortune 50 multinational companies in structuring and negotiating contracts involving licensing, intellectual property, and privacy and data security matters.

Mergers & Acquisitions

We have a thriving technology-focused mergers and acquisitions practice representing leading companies that have IP as a key value driver. Through our long-standing focus on the technology industry, our attorneys have developed a keen understanding of technology-driven deals.

Open Source

Our lawyers have a variety of backgrounds in mobile apps, cryptography, robotics, physics modeling, and quantum mechanics, allowing us to understand our clients’ businesses and business models.

Procurement & Vendor Management Programs

We help our clients conduct effective vendor due diligence to understand data privacy and security risk exposure as a result of outsourcing arrangements.

Product Counsel

Our team has advised public, private, and startup clients on hundreds of product launches related to hardware/physical devices, software applications, and consumer products in the cloud computing, mobile, Internet of Things (IoT), augmented and virtual reality (AR/CE), blockchain technology, and entertainment spaces.