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OTHER SERVICES

TRADE SECRETS

Trade Secrets are a deceptively simple subject.  In summary, a trade secret is a confidential piece of information (a secret) that has commercial value (value in trade) and that the owner takes reasonable measures to protect.  The classic example of a trade secret is the recipe for making Coca Cola.  Trade secret concerns often arise in situations where employees have access to confidential information and then leave a company.

LICENSING

Licensing is the process of authorizing a third party to produce, use and/or sell your intellectual property on your behalf.  For trademarks, this may be authorizing a company to use your trademark on their product.  In a patent or copyright scenario, it may be authorizing a company to make your product or reproduce and sell your work.

While there are some commonplace terms in licensing agreements and there is data available on average royalty rates, there really is no such thing as a standard license agreement–they are all fairly unique and should be negotiated by a skilled attorney.

LITIGATION

The court systems are complex and litigation is rarely desirable.  However should you need litigation services, we have extensive experience in litigating matter is Federal and State Courts and before the Trademark Trial and Appeal Board (TTAB) and the Board of Patent Appeals and Interferences (BPAI).

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Other IP

For More Information and to Get Some Entity Basics, View Our Entity Basics Presentation!

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Things to Consider?

 

Business Forms

Many different business forms exist ranging from sole proprietorships to Corporations (S v. C) to Partnerships to LLCs.  There are many different factors that should be considered when choosing an entity form.  Some of the things to consider are who will be the stakeholders, where will you transact business, what is the potential liability/exposure and the advice of your tax advisor (to identify just a few consideration).  West & Associates can assist you in selection of an entity form and handle formation of your new entity.