Lambert Toolkit: Business and University Collaboration Agreements

Sir Richard Lambert

Author Financial Times

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Source Wikipedia Sir Richard Lambert

Jane Lambert

The Lambert Toolkit is a set of precedents (templates) and notes to help universities and business owners draft agreements to decide who should benefit from any technological developments or innovation that might result from research or other work that universities carry out for business.  They are named after Sir Richard Lambert,  a former Director-General of the Confederation of British Industry, member of the Monetary Policy Committee of the Bank of England and editor of the Financial Times.  I had very little to do with the toolkit though I did attend a meeting chaired by Sir Richard and contributed to the drafting of one of the clauses of at least one of the draft agreements.

Although the draft agreements are not compulsory they do save time and money and minimize the risk of disputes between universities and businesses.  They grew out of a Review of Business-University Collaboration which a committee chaired by Sir Richard compiled in 2001. They have been widely accepted in the UK and have been the model for business-university collaborations in other countries.  They can also be adapted for use between businesses.

Anyone wishing to discuss these agreements should call me on 020 7404 5252 during business hours or send me a message through my contact form.