In the changing world of innovation and technology, protecting intellectual property is a necessity for maintaining a competitive edge. One of the primary mechanisms for securing such protection is through patents. In the United States, patents are granted by the United States Patent and Trademark Office (USPTO). They provide inventors and businesses with exclusive rights […]
Widerman Malek Law Blog
Leveraging Outside Counsel: Safeguarding Corporate Intellectual Property Assets
In the area of corporate governance, protecting intellectual property (IP) stands out as a primary concern. In the digital age, where innovation is at the core of competitiveness, corporations must protect their intellectual assets to maintain their edge in the market. Engaging outside counsel has emerged as a strategic imperative for corporations seeking to protect […]
Balancing Innovation and Accuracy: The Role of LLMs in Patent Research and Legal Practice
In this new age of generative AI and large language models (LLMs), we are quickly learning what tasks benefit from this new tool and what tasks are harmed by it. The legal community, and seemingly the world at large, watched with grim curiosity as New York attorneys were reprimanded for using ChatGPT to draft a […]
Understanding Your Rights: Dealing with an IRS Notice of Deficiency
Receiving a notice from the IRS can be a nerve-wracking experience for anyone. But perhaps one of the most anxiety-inducing notices is the Notice of Deficiency. This document is sent when the IRS believes that you owe additional taxes based on discrepancies found in your tax return. However, it’s essential to understand that as a […]
Buying A Franchise? Important Things to Consider
Acquiring a franchise has many benefits, including brand recognition, stability, developed business systems, training and support. However, that ownership also comes with certain limitations, requirements, and potential challenges. If you are thinking about buying a franchise, there are a few things you should consider before making that investment. The decision to buy a franchise should […]
FTC Implements Nationwide Ban on Noncompete Agreements: Impact on Workers, Innovation, and Employers
The Federal Trade Commission (FTC) has made a recent announcement of a final rule banning noncompete agreements nationwide. Noncompete clauses have long been criticized for stifling wage growth, suppressing innovation, and hindering economic dynamism. FTC Chair Lina M. Khan suggests that they impede the creation of over 8,500 startups annually and curtail the ability of […]
Navigating an IRS Audit: What Every Taxpayer Should Know
Receiving a notice from the Internal Revenue Service (IRS) that you’re being audited can be an alarming experience, triggering anxiety and uncertainty. However, it’s crucial to approach this situation with a level head and take the necessary steps to ensure a smooth resolution. In this article, we’ll guide you through the key actions you should […]
Employment Agreements to Safeguard Your Business in the Absence of Non-Compete Agreements
In the world of business, protecting proprietary information and retaining top talent are crucial components of success. For years, non-compete agreements have been a staple tool for achieving these goals. However, recently the Federal Trade Commission (FTC) passed a final rule banning these agreements. There is a lot of legal uncertainty about the future of […]
Lawsuit over DeLorean Trademarks Heading to Trial – Back to the Future Time Machine at Issue
In the world of cinema, few vehicles are as iconic and beloved as the DeLorean time machine from the “Back to the Future” trilogy. As a sneakerhead, one of my dream sneakers would be the Marty McFly Nike’s, but with a price tag of $18,500, I’m going to have to write just a few more […]
USPTO Unveils Major Fee Overhaul for 2025: New Charges and Increases to Impact Patent Prosecution Strategies
The United States Patent and Trademark Office (USPTO) is set to implement a significant overhaul of its fee structure for the fiscal year 2025. This move, aimed at optimizing the service provided to American innovators, includes the introduction of new fees and an increase in existing ones. These fee increases could alter prosecution and timing […]
