A document dated 30 July 1995 lists some of the notable events of the firm’s first 12 months. It seems that we were instructed by 18 clients, on a variety of work, including:
- drafting and negotiating a collaboration and licence agreement between a UK biotech company and a US biotech company
- advising a German client on winding up a UK subsidiary
- advising on a dispute over entitlement to royalties under an oral agreement
- Obtaining tax counsel’s advice on an IP matter
- advising a Dutch client on a licence agreement
- planning and chairing a conference on technology transfer, in Brussels
Less positive was a mention of the firm’s first bad debt. 25 years later, we have encountered a few bad debts along the way but have also managed to grow to a point where there are now 15 people working at the firm.
Also among the papers were three reviews of the first edition of our book, Technology: the Law of Exploitation and Transfer (1996). A generous review by Paul Spink (then a lecturer in business law at the University of Stirling) concludes:
This is, quite simply, an excellent book. It will prove a boon to practitioners working in the field of technology law, and offers a valuable resource to any student or academic looking for a pragmatic, no-nonsense, nuts and bolts guide.
IP Draughts hopes that readers will find the 4th edition, now titled simply Technology Transfer, similarly valuable. It is due to be published by Bloomsbury Professional (the inheritor of many of Butterworths’ textbooks) in the next few months.