TMT analysis: As hiring budgets tighten, deals get put on hold and investors sit on their cash, the UK fintech sector is facing real challenges. Inevitably, some excellent businesses will be lost but there are reasons for optimism about the future. In this piece Tom Bohills, Head of Legal at Red Deer and fintech consultant, gives his view on the state of the market and how fintech lawyers, both in-house and private practice, can help. He finds that businesses that can weather the storm will face an environment that is ripe for disruption and open minded about technology-driven change.
To continue reading this news article, as well as thousands of others like it, sign in with UUÂãÁÄÖ±²¥ or register for a free trial
EXISTING USER? SIGN IN CONTINUE READING GET A QUOTE
To read the full news article, register for a free Lexis+ trial
**Trials are provided to all UUÂãÁÄÖ±²¥ content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these UUÂãÁÄÖ±²¥ services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
* denotes a required field
What are perpetual, irrevocable and royalty-free licences?Licences are sometimes expressed to be ‘perpetual’, ‘irrevocable’ or ‘royalty-free’, but those terms can be interpreted in a variety of ways. It is important to properly specify what these terms mean in each case:•‘perpetual’ licences:
Software reseller agreementSTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that
Managed services agreementSTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that
Is subcontracting permitted (and can a subcontractor also subcontract) where a contract is silent on whether it is allowed?What is subcontracting?Subcontracting is the delegation by a party of some or all of its obligations under a contract between it and a customer to a third party (the
0330 161 1234