Congratulations! You have decided to start a consulting business so other business leaders may access the wisdom you have accumulated in your career. Here’s a tool to help you prepare a tightly-focused Consulting Agreement that won’t slow down your … Continue reading
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What is keeping software company CEOs awake? Part 2
We at InnovaCounsel recently asked several software company execs this question: “What are the big issues that are costing you sleep these nights?” Last week, we addressed the issue: “Use of [independent] contractors and having various taxing agencies dictate … Continue reading
The Importance of Intellectual Property
When a business protects their intellectual property through patents, trade secrets, copyrights, or trademarks, it not only benefits that business, but the United States economy as a whole. A new report came out detailing just how this is possible. Here … Continue reading
Mergers and Acquisitions
When considering getting involved in a merger and acquisition transaction, the buyer will want to do a substantial amount of due diligence before committing. This is even more important when dealing with private company acquisitions where the company hasn’t been … Continue reading
Company Formation Mistakes
Forming a company can seem like a fairly straight forward process, but mistakes often occur during the process. Some of these mistakes can be easily avoided, especially with an attorney to look over the paperwork. Here are some of the … Continue reading
Anticipating the Defend Trade Secrets Act
Currently, trade secrets are only protected at state level, but with the Defend Trade Secrets Act (DTSA), they could also gain protection on a federal level. This act has passed both houses of Congress and the House of Representatives and … Continue reading
Joint Development Agreements
Joint developments can be good business and accounting decisions. Joint developments, or ventures, are strategic alliances between two or more individuals or entities to engage in a specific project or undertaking. Usually the individuals or entities enter the venture to … Continue reading
Advising Tech Start-Ups
It seems like everyone is in the tech start-up industry at the moment. With technology such a big part of today’s society, it’s not a bad place to be. However, creating a start-up isn’t always as easy as some people … Continue reading
Trade Secret Misappropriation
Most are familiar with patents, trademarks, and copyrights. However, there is a fourth type of intellectual property called trade secrets. Trade secrets consist of information that can be a formula, pattern, compilation, program, device, method, technique or process. To be … Continue reading
Consulting Contract Mistakes
While consulting agreements seem straight forward, there are frequently some mistakes made when putting them together. These mistakes could end up hurting one or both parties, and could end in litigation. Here are five common mistakes to avoid with consulting … Continue reading