diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index f2ebe2ef..2b2b2caa 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -72,7 +72,7 @@ freemarker = "org.freemarker:freemarker:2.3.34"
 
 spotlessPlugin = { group = "com.diffplug.spotless", name = "spotless-plugin-gradle", version.ref = "spotless" }
 shadowPlugin = { group = "com.gradleup.shadow", name = "shadow-gradle-plugin", version.ref = "shadow" }
-licenseReportPlugin = "com.github.jk1.dependency-license-report:com.github.jk1.dependency-license-report.gradle.plugin:2.9"
+licenseReportPlugin = "com.github.jk1.dependency-license-report:com.github.jk1.dependency-license-report.gradle.plugin:3.0.1"
 muzzleCheckPlugin = { group = "io.opentelemetry.instrumentation.muzzle-check", name = "io.opentelemetry.instrumentation.muzzle-check.gradle.plugin", version.ref = "opentelemetryJavaagentAlpha" }
 muzzleGenerationPlugin = { group = "io.opentelemetry.instrumentation.muzzle-generation", name = "io.opentelemetry.instrumentation.muzzle-generation.gradle.plugin", version.ref = "opentelemetryJavaagentAlpha" }
 # Ant should be kept in sync with the version used in the shadow plugin