Patent trolls hold patents but don’t use them to produce or create anything. Instead, they accrue patents for the sole purpose of threatening litigation against other companies.
Category - Legal Tips
How to Avoid Traps in Letters of Intent
Experienced former GC and UpCounsel freelance attorney Alex Wall outlines the pros and cons of using a letter of intent, or term sheet.
How to Protect your Company’s Intellectual Property
UpCounsel attorney Nate Kelly walks you through the primary means of protecting your IP – from watching what you say to friends to filing with the USPTO.
How to Start a Nonprofit In the U.S.
Starting a nonprofit organization can make a big impact addressing the needs of your community. The process of establishing a nonprofit is much like incorporating a business, but...
How to Avoid Trademark Infringement
Your business name and branding are crucial to your company's success, because they're the first things customers will associate with your products or services. The last thing you...
Top 7 Costly Mistakes to Avoid with Trademarks
A good name and logo can go a long way toward capturing a substantial market share. Learn about seven common trademark mistakes and how to avoid them.
Top 6 Considerations for a Buy-Sell Agreement
A strong buy-sell agreement can save your business from future collapse. Learn the top six things to consider when drafting this type of contract.
How To Negotiate the Best Terms When Leasing Commercial Property
Leasing commercial office space is often the largest expense for a small business. And if you agree to suboptimal terms, your lease could put you out of business. Here’s...
What is EMV Compliance and Why Do I Need to Know About It?
Swiping your credit card is synonymous with making a payment for most consumers and businesses. However, the action and method of taking payments are about to change...
Patent (Sale) Pending: How to Put Your Patents for Sale
So much time, money, and effort is spent applying for a patent that it could seem unimaginable to sell it once you secured one. You may have nurtured the idea, brainstormed...