Legal scenario: Licensing agreement negotiation

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Available with: Copilot for Microsoft 365 Scenario level:

KPIs impacted

Advisory services

Transactional processes

Value benefit

Revenue growth

Employee experience

Using Copilot to licensing agreement negotiation

1. Meet with the counterparty

Use Copilot in Teams to transcribe the notes during the meeting to capture discussion royalties, territory, duration, and other key negotiation points.​

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Copilot in Teams

Conduct effective meetings across legal team and with other departments (e.g. cybersecurity) and summarize notes and action items

2. Draft term sheet

Using meeting notes to get started, use Copilot to create the preliminary term sheet.

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Retrieve relevant chats, emails, and documents faster.

3. Conduct negotiations

Use Copilot in Word to help analyze the counterparty’s proposed terms.

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Copilot in Word

Analyze large amounts of text to better understand the proposed terms.

4. Surface legal insights

Use Copilot to find comparable agreements to provide real-time legal insights, and check for compliance requirements to ensure adherence to patent law and regulations.

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Improve quality of data-driven decisions with autogenerated analyses based on user prompts.

5. Finalize negotations

In meeting, Use Copilot in Teams to assist with real-time language suggestions, ensuring clarity and precision and flags potential pitfalls. ​

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Copilot in Teams

Generate legal research based on topics, keywords, sources, and provide insights and recommendations.

6. Finalize the agreement

After reaching consensus, Copilot in Outlook generates draft of the licensing agreement incorporating the decisions made. The legal review team makes necessary adjustments.​

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Copilot in Outlook

Draft emails and schedule meetings for relevant stakeholders with appropriate information and tone for audience​

1Access Copilot at or the Microsoft Copilot mobile app and set toggle to “Web”
2Access Copilot at, the Microsoft Copilot mobile app, or the Copilot app in Teams, and set toggle to “Work”