Technology law is a fast emerging area of law. It is bound to be one of the most lucrative areas of law in the years to come. With the continuous evolution of technology, many new avenues for practising law have begun to come up. Be it artificial intelligence (AI), intellectual property or data protection, all these areas will be lucrative in the coming years. In this article, we will explore the wide ambit and applicability of technology law, along with exploring the top 20 law firms already engaged in the technology law practice in India.
As the term suggests, technology law is the law relating to the use of technology. It helps to regulate the use and advancement of technology. Technology surrounds us and is present in almost every aspect of our lives. Therefore, technology law is something which is not confined to a particular area. Has an unknown person on social media has obtained your pictures to which he did not have access? Has the patent for your new product been infringed by a competitor? Are your phone lines being tapped? Say hello to technology law. Thus, technology lawyers need to have a wide area of expertise which may include many other different types of law like intellectual property rights, cyber law, information technology, artificial intelligence and even environmental law. This is exactly why technology law will be a very lucrative area of practice, because as technology evolves, the scope of technology law also expands.
The main focus for technology law is software licensing. For many large and small businesses, computer software is a critical part of maintaining their services and satisfying customers. But as technology evolves, so does the software. This forces businesses into updating their existing programs or sourcing costly alternatives which inevitably disrupt their commercial activities. Subsequently, providing new software to business means big profits, but it also creates the potential for exploitation. Again, this is where technology law steps in to ensure a fair but competitive marketplace which benefits all parties. It does so by regulating any issues relating to software installation, troubleshooting, and warranties.
There are lots of career opportunities for anyone with a degree in technology law. One of the more traditional routes is securing a role in a private firm which specializes in tech law. You will then guide and represent clients, helping them to seek solutions to their digital problems. This varied and interesting role could involve advising companies on new legislation, making sure they stay compliant at all times. Alternatively, you may find yourself supporting them through a legal dispute or even representing their interests in a courtroom.
The first focus of a contract is what is being provided, when and by whom. The requirements, the time frames, and the obligations on both sides need to be clear. It is not fair, for example, if a developer does not finish a piece of work in time, but the reason for the failure is because the developer’s client failed to provide necessary information or testing. We address time-frames and expectations clearly in development contracts.
A development agreement needs a clear Statement of Work. This should generally include tasks, time-frame, quality assurance, support and related project management activities. The agreement should set out the reporting requirements, for example, a weekly report that covers milestone status. This report can also be used to track action items and escalations between the developer and client. The parties should agree, and the agreement should set out, quality metrics that will apply to the services.
I have always been against Glorifying Over Work and therefore, in the year 2021, I have decided to launch this campaign “Balancing Life”and talk about this wrong practice, that we have been following since last few years. I will be talking to and interviewing around 1 lakh people in the coming 2021 and publish their interview regarding their opinion on glamourising Over Work.
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