Intellectual property (IP) is a key asset for most businesses today, especially start-ups and licensing and franchising of IP are the two most important methods to exploit them. Iran has started to modernize the body of law relevant to IP and our law firm keeps abreast of the developments. Our team is experienced in IP registration, management, enforcement and litigation. We have also played a key role in negotiation of key licensing and technology transfer agreements in the oil & gas, petrochemicals and automotive industry. “Licensing agreements”, a well-received book by both academia and practitioners, is written by a member of our team combining his academic knowledge and real world expertise.