Legal Services
Escrow

Smaller technology businesses can often be more agile and more cost-effective than bigger suppliers, but the users/customers may have a concern that the smaller company might not be around very long.

They may ask themselves if it will be safe to rely on that business. If it falls over or fails to deliver, what access will it have to maintain and develop the code behind the products?

The answer is often escrow - the deposit of computer source code with a trusted and effective third party which has the facilities for receiving and maintaining code. Tech companies usually feel safer with agreements in place to set out the circumstances in which the code can be released to the customer, and with the right resolution procedures.

Escrow is a good solution to enable customers to work with smaller, more effective software businesses. As escrow lawyers, we are used to advising and working on escrow situations and are familiar with escrow agreements.

As delivery models change, and as businesses themselves evolve, the right escrow model might also change, and one size won't always fit all. We can advise you on escrow and adapt your agreement over time as needed.

If escrow sounds like the solution your business would benefit from, contact us on 0113 426 6396.

The Team

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Paul Berwin

Head of Digital Law

Paul Berwin is Head of Digital Law at Berwins Digital and offers targeted advice to a global client base of digital and tech businesses. Industry ranked with decades of experience in legal practice, he is one of the foremost authorities on digital law in the North of England.

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Sam Crich

Solicitor

Solicitor, Sam Crich is a member of the Society for Computers and the Law. Passionate about supporting technology businesses to grow, he focusses on commercial contract work with a particular focus on IT and Software law.

Specialist Sectors

With decades of experience supporting technology businesses, Berwins Digital understands that the industry comprises a range of specialist sectors, each with specific goals, challenges and needs. It is this in depth understanding which helps the expert team to offer real value to clients through proactive, targeted legal support.

Legal Services

Digital businesses are unique - as is the mix of legal services they require to thrive. The expert team at Berwins Digital focuses on that mix to offer targeted, sector specific legal advice.

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