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Re: What will I get for my ideas?


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Posted by M. Arthur Auslander on June 08, 2001 at 04:50:11:

In Reply to: What will I get for my ideas? posted by Edward Mayer on June 07, 2001 at 15:12:10:

: I am a PhD working in a young biotech company, and my ideas will soon result in the application for several patents. I will be filed as an author, but not as the owner of the patents.
: Will I get any financial benefits if the company makes money with the patent? Or should I negotiate salary compensations for each patent on which I am filed as an author? What kind of salary compensations should I get for generating patents?

: Thanks for your advice

Dear Mr. Mayer,

You are in a very complex situation. I should not go into detail on the net. What will happen depend on any written agreements you have and the nature of your employment and the goodness of heart of the employer.

Situations like this make lawyers rich, if there is a fight. Many people lose legitimate rights because they can't afford lawyers.

This is where Elaine'e Workshop was born. I wish you luck and hope that you are not too late.

You can give us a call.

M. Arthur Auslander
Auslander & Thomas-Intellectual Property Law Since 1909
505 Eighth Avenue, New York, NY 10018
212-594-6900, fax 212-244-0028, aus@auslander.com
ELAINE's Workshop (sm)
E arly L egal A dvice I s N ot E xpensive





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