The process
From a private introduction to a defined license.
Six stages for assessing company data, documenting rights, preparing a sample, approaching buyers, and negotiating a license.
This is general information, not legal advice. Have counsel review any data licensing decision.
1. Confidential introduction.
Tell us what the company holds, how it obtained the material, and why it is considering a transaction. Include a rough size, languages, current format, and any deadline. Do not send source records through the brief.
We discuss your authority to act and whether an NDA is needed before further disclosure. A short description is usually enough to decide the next questions. The output is a defined assessment scope, a contact owner, and an agreed way to exchange documents.
2. Asset assessment.
We separate the collection into meaningful groups: source system, date range, content type, language, and rights status. We look at duplication, missing fields, exportability, and the cost of making a useful delivery.
A collection may be too restricted, too poorly documented, or too expensive to prepare. Stopping at this stage is a valid result. If there is a reasonable basis to proceed, we agree the engagement and fee before representation begins.
3. Rights and provenance register.
For each proposed data group, we record its origin, creator or contributor, relevant agreement, permitted uses, restrictions, and evidence location. Acquisition documents, historical platform terms, consent records, and contractor assignments may all matter.
Unresolved questions go to your counsel. An internal confidence label is not a legal opinion. The output is a versioned register showing what can be considered, what is excluded, and what must be resolved before evaluation access.
4. Sample package.
We define a sample that represents the proposed delivery, including ordinary limitations. A package may contain a data dictionary, counts, language coverage, quality notes, file specifications, and a small approved extract.
Sensitive material is excluded or treated under a documented process before sharing. We distinguish evaluation permission from production use, model training, and retrieval. The output is an approved package with clear access conditions and a record of exactly what it contains.
5. Buyer outreach.
We identify prospective buyers whose needs may fit the asset. You approve the outreach description and recipients. An introductory description can often communicate the opportunity without providing raw data.
Qualified interest means a stated use case and a practical evaluation path, not just a request to download files. We record questions, access decisions, and feedback. We do not operate an open marketplace or distribute the collection indiscriminately.
6. Negotiation and close.
We compare offers by the rights they request, not just the stated fee. A training license, a retrieval license, an exclusive license, and a limited evaluation agreement are different arrangements.
Negotiation covers scope, territory, term, permitted users, sublicensing, refreshes, attribution where relevant, security, deletion, warranties, liability, delivery acceptance, and payment. Your counsel reviews the agreement. You approve the transaction and sign through the authorized entity.
Closing includes the agreed payment and delivery process, a receipt or acceptance record, and a clear owner for continuing obligations. A one-time export does not eliminate commitments about support, notices, or deletion.
Timing follows the evidence.
There is no universal closing schedule. The initial review is separate from rights remediation, technical preparation, and buyer diligence. Access to historical documents, internal approvals, and buyer evaluation requirements can materially affect timing.
We set stage dates only after understanding dependencies. For a wind-down, the dates when systems close and people leave may matter more than a preferred sale date. Share those constraints in the seller brief.
Decisions stay with you.
You decide whether to proceed, what may be disclosed, and which terms are acceptable. We represent the seller within an agreed mandate. Nothing is shared with buyers without your written approval.