Nowadays almost every blogger license their content and prominently display the licensing information on their blog. Some bloggers prefer to display this information in the sidebar, while others prefer to display at the end of every post. I prefer the latter one, because it is more noticed and read when placed at the end of the post. This creates an awareness and creates a detterent to certain extent from potential splogger. 
As shown above, I put my licensing information at the end of every post in a pale green box with licensing image and full description of license and post title. It is very easy to embed the similar licensing information in your blogger template.
Whenever you decide to make some changes in your template, make sure you first save a copy. Generate a suitable license for your blog from Creative Commons and get the code of your license.
Now find the following line in your template.
<div class='comments' id='comments'>
Just above this line paste the following code. Change the licensing URL's with the URL's you got while generating your license.
<div style='background-color: #EEF6E6;'>
<div align='center'>
<a href='http://creativecommons.org/licenses/by-nc-nd/2.5/in/' rel='license'>
<img alt='Creative Commons License' src='http://i.creativecommons.org/l/by-nc-nd/2.5/in/88x31.png' style='border-width:0'/>
</a>
</div>
<a expr:href='data:post.url' expr:title='data:post.title' rel='alternate'> <data:post.title/></a> is licensed under a
<a href='http://creativecommons.org/licenses/by-nc-nd/2.5/in/' rel='license'>Creative Commons Attribution-Noncommercial-No Derivative Works 2.5 India License</a>.
</div>
Save the template the see the result. If you get stuck, feel free to contact me for any assistance.
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