How a Computer Software Business Hired a Lawyer to Draft an IP Assignment Agreement in Montana

In 2021, a business in Montana sought assistance with drafting an intellectual property assignment agreement for a software project. The client was in the process of creating software for a startup and needed a contract that would clarify ownership rights, allowing them to retain intellectual property until the startup or its investors compensated them for their work. The goal was to establish an exclusive licensing arrangement while also referencing a statement of work that detailed the project’s scope. As a result, the client received two proposals from licensed lawyers, with flat fee bids ranging from $350 to $500, all designed to complete the work within the requested deadline of less than a week.