Running a Software as a Service (SaaS) company is hard. Not only do you need to create a sticky product, scale, and build out a sales team but you also need to close contracts with your customers quickly to ensure steady revenue. SAAS contacts are easily ignored, rarely understood, and yet capable of ruining your day if things go south. It’s essential, whether you’re a bootstrap company trying to close your first big client or an established SaaS company scaling to an enterprise level, to have an experienced SAAS Contracts attorney in your corner. Let’s break down the top five reasons why you need a SAAS Contracts Attorney
1. They Translate Legalese into Human Speak
If you’re a SAAS startup you’re mostly worried about UX, UI, and your overall product. Terms like “indemnification,” “force majeure,” and “limitation of liability” in a SAAS contract might as well be spells from a Harry Potter novel.
Your lawyer can give you the plain-English rundown of the terms contained in your agreement and can help you ensure that your business and IP are protected.
Without this expert translation, you’re essentially signing documents in a foreign language and hoping for the best—something your attorney would strongly advise against, by the way.
2. They Spot Red Flags Faster Than You Can Say ‘Unlimited Liability’
If contracts were oceans, SaaS contracts would be shark-infested waters. From unlimited liability clauses to draconian termination rights, the risks are plentiful and potentially catastrophic.
A SaaS contracts attorney has seen it all and knows where to look for trouble. They’re like the Sherlock Holmes of contract review, minus the pipe and Victorian wardrobe. (Unless your attorney happens to have eclectic tastes. No judgment.) A SAAS contracts attorney will help you game out worst-case scenarios and ensure you’re not walking into a deal that could potentially sink your company.
3. They Keep You Out of Court
No one likes to be sued, but fortunately or unfortunately, anyone can sue anyone in American for pretty much any reason. Lawsuits are stressful, expensive, time-consuming, and tend to bring out the worst in everyone. In the SaaS world, where disputes can quickly escalate, a good SAAS contracts attorney is your first line of defense.
By drafting clear, concise, and future proofed agreements a SAAS contracts attorney can minimize the chances of future disputes. Like a D&D dungeon master, if a conflict does arise, you’ll already have the board (contract) slanted in your favor. SAAS attorneys help you anticipate issues before they snowball into lawsuits, leaving you free to focus on your business.
4. SAAS Contract Lawyers Understand the SaaS Ecosystem
You’d never want to hire a dentist to do brain surgery, and the same can be said about lawyers. You want a lawyer that is an expert in your business and understands the ins and outs of SAAS. A general business lawyer might need a crash course in terms such as ARR, SLAs, or DPAs but a SAAS contracts lawyer deals with these terms on a daily basis.
Additionally, they understand how to navigate subscription-based pricing models, data privacy regulations, and the nuances of service-level agreements (SLAs). More importantly, they know how to tailor contracts that protect your interests without alienating your clients.
Having a lawyer who “gets” SaaS saves you time and money, they’re not just competent—they’re efficient, effective, and unlikely to cut corners.
5. They Save You Money (No, Really)
I know what you’re thinking: “Lawyers are expensive! How could hiring one possibly save me money?” But hear me out.
The upfront cost of working with a SaaS contracts attorney is peanuts compared to a lawsuit or having a bad deal fall apart or go south. Consider the cost of:
- A data breach liability issue because your contract didn’t allocate risk properly
- Losing a big client over rigid terms.
- A costly lawsuit over IP ownership because you didn’t lock down the terms.
Final Thoughts
If you’re running a SaaS business, having a dedicated SaaS contracts attorney is a must have. We can provide the expertise and peace of mind you need to grow your business confidently. So the next time you’re tempted to download a contract template off the internet and call it a day, ask yourself this: Is saving a few bucks now worth the risk of legal headaches later? If your answer is “no”, it’s time to call to fill out the inquiry form or call us.