Working remotely, the gig economy, and contract work is increasing exponentially. Companies from many different business sectors are all filling in labor gaps with gig or contract workers. Many of them perform their contracted duties remotely. While this is convenient for both the company and the contractor, it opens the door to many business risks. One of the most […]
Foundations The first thing to realize about intellectual property law is that it is mostly a fabrication. It is a bundle of legal rights regarding intangible property. Intangible property is property that derives value from what is represented rather than an intrinsic physical nature. See “property” at Dictionary.com. In addition to this, intellectual property relates […]
No matter what kind of Colorado business you own, you have valuable information you need to protect whether you realize it or not. Frequently referred to as intellectual property (IP), this information could be anything from customer lists to the secret formula for your cleaning products or anything in between. If another person or party were to […]
Your Colorado business may not be on par with Coca-Cola, Krispy Kreme, or the New York Time’s Best Seller List, but that does not mean you do not have valuable business information to protect. Today, most businesses have the information they need to keep under wraps from client lists and overhead to proprietary software or recipes. Suppose a business owner does not take reasonable measures to protect the confidentiality of specific […]
In a recent Colorado case involving a debt collection agency that stored customer service information in a password protected web database, the Colorado Court of Appeals upheld the enforcement of claims for misappropriation of trade secrets and breach of a nonsolicitation agreement against a independent sales agent who left to work for a competitor. The […]
Your company‘s intellectual property (IP) rights are among its most valuable business assets. When properly obtained, managed, and enforced, they have immense value and protect the company’s commercial power. Every business should periodically conduct an IP audit to ascertain their rights, the extent of protection they are entitled to, and the value of the company’s IP assets. Informed business decisions require an in-depth understanding of the […]
You started the new year with a big idea for your company; maybe you even have more than one. You‘re excited to hit the ground running with it. Still, before you do, it‘s time to consider what types of protections your intellectual property might require. Not securing the appropriate protections jeopardizes your big idea‘s value and impact on your […]
One of the functions that an attorney can provide, and that The Griess Law Firm, LLC offers to clients, is the IP Audit. Many of the fundamental assets held and used by businesses are intellectual property assets. However, many times, businesses have not taken the actions they are able to take to fully protect or […]
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