Business owners seeking to protect their proprietary information or invention have many different options. The most common method that people think of is patent protection. Depending on the complexity of the subject matter, patents can be expensive to draft, prosecute, and defend. Additionally, not all information that a business may find valuable will fall under… Continue reading Trade Secret Protections for Small Businesses
Every day new startup companies come up with great ideas they hope will be the next “big thing.” With the advent of internet based crowdfunding, startup companies and inventors can easily use internet crowdfunding platforms such as gofundme.com, kickstarter.com and many others to market and finance new inventions. As of January, over 14 million people… Continue reading Can inventors lose their patent rights via crowdfunding platforms?
To many, arbitration and mediation are synonymous. Both involved the resolution of a dispute with the assistance of a third party. However, there are major legal differences between these tools of alternative dispute resolution. It is important to know those differences before attempting to mediate or arbitrate a dispute. MEDIATION Mediation is where the parties… Continue reading What is Arbitration and Mediation?