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Publication 16 Sep 2024 · United Kingdom

Technology & Commercial

3 min read

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About CMS Technology & Commercial

Fuelled by huge customer demand for cutting-edge products and increased supply of pioneering services, the technology sector is undergoing unprecedented change. Innovation is key, and at CMS we employ forward-thinking strategies to help clients protect their investments and maximise their commercial opportunities. Sector convergence coupled with the rapid evolution of new technologies has also opened up a wealth of opportunities in the Energy industry and the sector needs to adapt, diversify and grow, while all the time complying with new regulatory requirements.

To tackle these challenges head-on, a law firm such as CMS who understands your sector on an international basis makes a real difference. At CMS, our global team of specialist lawyers regularly advises clients on how to deal with a diverse range of risks and challenges and with our long-standing focus on technology and commercial, we are well placed to deliver innovative solutions through our award winning Technology & Media team.

Whether you require advice on supply arrangements, services agreements, technology or communications contracts, IP licensing, manufacturing agreements, software licensing, outsourcing or any other bespoke commercial arrangement, our specialists can guide you towards the best business outcome for you. Our team includes a number of market-leading practitioners, who have shaped many of the landmark deals in the various sectors which we serve. This means that we do not simply counsel our clients on how to paper their transactions, but work with them from the start to come up with the structure which is most effective for them, and share with them our experience of the many other deals we have executed. We don't distinguish "legal points" and "commercial points". If an issue is relevant to the deal we are working on then we will understand it and help our clients to resolve it. We also understand that contracts are important for our clients, and time-pressured. Our clients don't need to explain to us that something is urgent or critical; we know already.

At CMS, we offer end-to-end advice on all matters related to AI, from the development and commercialisation of AI products to seamlessly integrating AI into organisations and equipping legal teams with the knowledge to maximise its value. We have recently advised on several high-profile, long-term strategic AI procurement deals, underscoring our depth of experience in this rapidly evolving space. In addition, we provide regular training on emerging AI regulations, the legal and practical risks of AI, key market trends, and the nuances of prompt engineering for generative AI. Our hands-on approach ensures that clients can fully capitalise on AI’s potential, while effectively managing the complexities that come with this rapidly developing technology.

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