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Topic: Is this common?? (Read 4965 times) |
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MattB
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Posts: 127
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Re: Is this common??
« Reply #5 on: Oct 12th, 2007, 4:02pm » |
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pentazole is on the right track. NDAs are a good start. You are very vulnerable to anyone who unscrupulously might take your ideas (especially including investors). Plus you pose an easy target because you probably don't have the financial resources to enforce an NDA.
Lawyers won't often take the case for an interest in the product, those that do may be unethical. Find someone pro bono, see if you can make a friend with a patent attorney who will watch your back.
If a patent attorney double crosses you, it will be the end of his career.
"I want to go ahead with the idea but I am not a self leader"?
Yikes, you need a trusted compatriot to do all the work and not take off once it is a success. Hmmm... do you know someone like that?
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Matthew L. Bycer
Registered Patent Attorney
http://www.bycer.com
http://www.cvglaw.com
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Bill Richards
Full Member
Posts: 758
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Re: Is this common??
« Reply #6 on: Oct 14th, 2007, 4:59pm » |
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Missing from this thread is a very important element: IP rights. An NDA is OK as far as it goes, but unless the agreement also addresses ownership of IP that is jointly developed or developed by the other party, it's insufficient. Be careful, or you may live to regret trying to pinch pennies.
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William B. Richards, P.E.
The Richards Law Firm
Patents, Trademarks, and Copyrights
614/939-1488
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gaby
Newbie
Posts: 1
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Re: Is this common??
« Reply #7 on: Oct 27th, 2007, 12:22pm » |
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hi 100 , I am in the same boat as you . I to have an idea and seek the same assistance . The ONE reality that I have found is to put your idea on paper , then go to a NOTERY FIRST !, THEN WHEN YOU APPROCH OR ARE APPROCHED , YOU HAVE YOUR IDEA AND ASS COVERED !
i hope this "bonn mot " helps?
gaby
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Bill Richards
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Posts: 758
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Re: Is this common??
« Reply #8 on: Oct 28th, 2007, 5:51am » |
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on Oct 27th, 2007, 12:22pm, gaby wrote:| The ONE reality that I have found is to put your idea on paper , then go to a NOTERY FIRST !, THEN WHEN YOU APPROCH OR ARE APPROCHED , YOU HAVE YOUR IDEA AND ASS COVERED ! |
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Perhaps someone could explain how this "covers one's a**" and how it helps with subsequent IP rights?
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IP Logged |
William B. Richards, P.E.
The Richards Law Firm
Patents, Trademarks, and Copyrights
614/939-1488
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MattB
Full Member
Posts: 127
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Re: Is this common??
« Reply #9 on: Oct 29th, 2007, 4:02pm » |
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Getting the print description notarized may serve as proof of inventorship. This may preclude another from patenting it, but in no way protects you from others stealing the idea.
You might also want to make yourself aware of patent bars in 35 USC 102 (try google). Contact patent counsel soon, or you may get yourself into an irreversible situation.
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IP Logged |
Matthew L. Bycer
Registered Patent Attorney
http://www.bycer.com
http://www.cvglaw.com
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