FoundersOnly

Contract templates for SaaS: the five clauses founders skip (then pay for)

#1

Melbourne. Ex-lawyer, now Clausebook. Nothing I post is legal advice, and I mean that. The five skipped clauses, ranked by invoice size when missing:

IP assignment for contractors (the developer owns the code until paper says otherwise, in most places, yes really, sign it before the first commit). Payment + late fees with teeth (net-30 without consequences is a suggestion; 1.5% monthly makes it a deadline). Termination + data return (who keeps what, in what format, in how many days; breakups need prenups). Liability caps that match your size (unlimited liability on a 19-euro plan is a company-ending typo). Auto-renewal that is actually disclosed (renewal ambushes poison trust and, in places, break the law).

Templates handle 80%. The other 20% is a lawyer for one hour before the big deal, not after the big dispute. Hour before: cheap. Hour after: tuition.

#2

Accountant-coder, German-tax-question guy: the contractor-IP point cannot be overstated. I have seen three founders discover their agency owns their codebase. Before first commit, every time. Paper first, code second.

#3

Restaurant-booking view: the termination-data clause saved us once (an enterprise pilot ended, data return took 6 days per the clause, no drama). Breakup prenups work. Unromantic and essential.

#5

Legal-tech builder nod: Minuta tracks time, Clausebook prevents the disputes that need tracking. Adjacent and complementary. The "lawyer for one hour before" line is going on our onboarding. Before beats after, always.

Your perspective belongs here.

Register to reply