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Intellectual Property

31
Mar
 

From games and social media apps to productivity tools and enterprise systems, many different types of software have significant monetization potential. But, companies can only monetize their software if they can protect it. Without adequate protections in place, companies can lose the ownership and exclusivity that are essential for commercialization. So, what intellectual property (IP) protections are available for software in 2022? Our Alabama intellectual property lawyer shares some insight.

17
Jan
 

Laws and social attitudes regarding cannabis have changed dramatically in recent years. Medical and/or recreational cannabis use is now legal in some form in the vast majority of states (including medical use in Alabama). The cannabis industry also received a boost under the 2018 Farm Bill, which legalized cannabis and cannabis-derived products containing 0.3% or less THC (known as “hemp”). With an estimated market value of $14.9 billion in 2021, entrepreneurs in the legal cannabis industry are eagerly seeking IP protection for their products. But is such protection even possible? It’s complicated, as an Alabama intellectual property lawyer explains below. 

22
Oct
 

Startups and other early-stage companies have a lot on their minds — securing funding, finding the right talent, setting a business trajectory, and developing a winning product. For many companies, intellectual property protection may seem like a concern only to more established players. However, valuable intellectual property is crucial for the long-term success of any company and, in many cases, it will be the primary factor in determining its value. Companies should establish an innovation harvesting process to ensure that great ideas from the R&D department make it into patent applications. An Alabama intellectual property lawyer explains how to do this below. 

15
Sep
 

As advancements are made in the medical industry, inventors of medical devices need to be aware of the importance of ensuring their intellectual property (IP) is adequately protected. Perhaps the best way to demonstrate why IP protection is essential is to examine the different types of IP protection and how they apply to medical devices, and what can happen when companies forgo the important first step of properly protecting their devices and processes for medical device IP.

27
Aug
 

The world we live in is constantly evolving, and the commercial, technological landscape is growing by leaps and bounds. In fact, 84% of the value of S&P 500 companies in 2018 consisted of intangibles, such as intellectual property (IP) rights. As a result, it is difficult for investors to ignore the many advantages of investing in IP.