Businesses often focus on protecting tangible property but may forget that intangible assets like intellectual property are just as important to protect, if not more so. Why is this the case? Maybe people may think that tangible protections are easier to understand,...
E-commerce makes pirated IP a bigger problem
In today’s digital economy, e-commerce platforms have allowed companies to reach uncharted territory in sales and market share. However, the downside is that it's much easier for counterfeiters to steal and infringe on those intellectual property rights, too. Sadly,...
Who needs to sign non-disclosure agreements?
Knowledge is power. Sharing what you know might be essential for growing your business, but it’s best to keep that information under strict control. Protection can come from carefully drafted agreements, but it’s crucial to know how to apply them. Trade secret theft...
What makes something a trade secret?
Successful businesses have their "secret sauce" that helps them thrive. If they want to remain profitable, they must keep those secrets out of the hands of competitors. Numerous laws in the U.S. allow businesses to protect intellectual property. However, some...
Drafting vendor agreements that protect IP
Vendors play a crucial role in all kinds of business projects. In the globalized economy, they can help maintain strong relationships, improve cost efficiency and expand a company's reach in a fast-growing and competitive market. While using vendors comes with...
Accounting for encumbrances on intellectual property
Many mergers and acquisitions are based on the acquiring party’s ability to exploit any intellectual property associated with the deal. This is particularly true for business owners in the technology and digital space, where well-protected, vetted IP can be the...