Entering into a joint venture can be advantageous if structured and negotiated successfully. Your company would be able to increase its market reach, overcome barriers to entry and access new markets, gain access to greater resources including technology and finance, and generate more revenues.
A joint venture and strategic alliance is a flexible agreement and arrangement between two or more companies characterized by shared ownership, as well as shared risk and returns. Joint ventures and strategic alliances can take on any legal structures and often involves lengthy negotiations with all the various stakeholders involved, with each party’s rights and obligations documented in the joint venture agreement.
Our corporate team has vast experience in advising on joint ventures and strategic alliances. As part of our services, we offer support to investors and entrepreneurs, advising them on drafting, structuring, negotiating, and reviewing joint venture agreements. As joint ventures often involve the cross-sharing of intangible assets such as IP and knowledge, our corporate team is able to draw experience and expertise from our IP lawyers and professionals where IP is involved.
Speak to us for advice if your company is considering a joint venture.