Who Owns What Artificial Intelligence Produces?

Swift advances in the world of artificial intelligence (AI) have sent shockwaves across the internet in recent months. Public access to AI chatbots and AI art programs have many believing we are on the brink of a major transition in tech. With these advances, however, come questions about authorship and its impacts on intellectual property. These new advancing technologies allow users to generate responses, Read More

When Should Startups Begin Raising Funds and How Much Should They Raise?

Are you in the throes of starting up a new venture? If not, are you considering it? Fledgling companies offer myriad possibilities that can shape our future. Every big business you know and love today had to start somewhere, but how well you navigate the complicated process of going from a small idea to an industry game-changer will either make or break your startup. Startups need capital to execute on their Read More

Are You a Good Entrepreneur?

Last month, we touched on the makings of a BAD entrepreneur. Entrepreneurship is a competitive field with people from all walks of life contending to create something special in the marketplace. We have seen people try and fail purely because they believed having a good idea was enough. Ultimately, there are elements every successful entrepreneur taps into to create and maintain success. Do you have what it takes to Read More

Are You a Bad Entrepreneur?

We are in the age of the entrepreneur. While there is nothing easy about finding entrepreneurial success, our economy provides ample opportunity to create something of your own and turn it into a successful career. An expanded field for entrepreneurs also means more competition. Time spent standing out from the crowd can give you the edge over others and catch the attention of investors, partners, and stakeholders Read More

Due Diligence Must Include an Intellectual Property Review

When two businesses come together and agree to an acquisition or merger, the next steps are crucial. You’ve both done significant legwork to get to this point – but much work remains. Even if you’ve already signed a term sheet and/or letter of intent, the due diligence phase of this process can alter the deal significantly. What we’ve found when dealing with mergers and acquisitions in the past is businesses often Read More

Considering Selling Your Business? Don’t Finalize the Terms Until You Have a Thorough IP Strategy!

You’ve built something with a lot of value. Your business has grown and now you’re ready to cash in on your hard work and dedication. Of course, you already know you’ll have to get “all your ducks in a row” before you can go to market and take offers on your business. One aspect that many business owners fail to consider prior to selling, however, is whether or not they have a thorough intellectual property (IP) Read More

Structuring Nonprofits & Other Tax-Exempt Entities

Nonprofit organizations play an important role in our communities – both locally and nationally. As the name suggests, these entities are not meant to bring on extreme profits, unlike large corporations that exist to provide goods and services for max profits. A lot of good-hearted people seek out nonprofit work and eventually decide to start their own organizations to be a part of progress in the world around Read More

Recessions Present Unique Opportunities For Smart Businesses, Entrepreneurs

  As of this writing, U.S. economic indicators are mixed. Some show favorable trends, while others show troubling signs of a potential oncoming recession. Americans are struggling to make ends meet and communities across the country are in a housing crisis. However, it’s important for businesses to be prepared and maybe even take some lessons from the last recession just over a decade ago. Between 2008 and 2009 Read More

Every Business Needs a Thorough Understanding of Evolving Data Privacy Laws

We live in a digital world. We have for some time, but technology is changing faster than ever. This includes data privacy laws, which are evolving on a regular basis to reflect how businesses gather data and what they can do with it. Consumer concerns over data privacy are growing as well. A recent study showed that 63% of consumers have “concerns about sharing data” while 31% say they are “extremely concerned.” Read More

How Trademarks Can Unlock Your Company’s Untapped Potential

One of the biggest mistakes companies make is not having a trademark strategy. There are companies, big and small, that have few or even no trademark registrations. Many companies whole do have trademark portfolios aren’t managing them properly. There’s a huge benefit to establishing and protecting your brand, and a huge risk of costly mistakes by not doing so. Your company should be aware of the power of Read More