When you sell licensed products (such as a product with a sports team's logo on it), you generally
have to pay an advance royalty as well as ongoing royalties. The advance
royalty is a flat amount paid up front, and ongoing royalties are a percentage
of your sales. An attorney can help you understand the royalty terms of a
licensing contract before you commit yourself to the contract.
You Have Developed
Intellectual Property from Federally Funded Research
If you invent a product
arising from federally funded research, the 1980 Bayh-Dole law may apply. This
law gives universities and other organizations intellectual property control
over inventions and other types of intellectual property developed from
federally funded research. This law gives preference to universities,
businesses, and nonprofits over the federal government when pursuing patents.
You Are a Software
Developer
If you are a software
developer, you know how easy it is to pirate software and you want to protect
yourself. You should contact a licensing lawyer early in the software
development process to make sure that your rights as a software developer are
protected at every stage. If you believe someone has stolen your intellectual
property, you should contact a licensing attorney immediately.
You Are an Artist Who
Believes Someone May Have Stolen Your Work
If you believe someone
has stolen your written work, illegally reproduced a work of art you created,
or used music you wrote without your permission, you need to speak with an
attorney with experience in copyright law. Copyright law is designed to protect
your intellectual property, and your lawyer can advise you as to how to pursue
legal recourse.
You Are Creating a New
Company Logo
If you are developing a
new logo, it's a good idea to speak with a trademark lawyer before you go
public with it. You're not allowed to create an image that is similar enough to
an existing trademark to cause confusion. For example, you cannot create a logo
consisting of a red background and white script that looks like the Coca-Cola
logo for your product. Speak to a licensing attorney up front so that you can
minimize the risk of trademark problems.
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