Solution 1

If you haven't tried Arun's suggestion, here is another solution you can try. The
benefit of this method is, you don't need to uninstall STAAD.Pro.
It is advisable to ask the IT person in your office or someone with administrator
rights to your computer to do this. It should be done before you run STAAD.Pro.
Go to Start menu ->click Run-> type REGEDIT, click OK.
The Registry Editor window will appear. Expand HKEY_CURRENT_USER-->Software->Research Engineers-->StaadPro. Under that, you will find a key named 2007.
Delete it.
Exit the registry editor.
Start the program again and see if it works.

Solution 2
A faulty installation of the Bentley IEG License Service may be causing the problem.
Please visit the Add or Remove Programs (Windows XP) or Programs and Features
(Windows Vista/7) control panel, and remove any listings for Bentley IEG License
Service or Bentley IEGLicensing. Then open the STAAD.Pro installer. The installer
should automatically detect the missing licensing component and reinstall it.