Key Strategies For Protecting IP In Contract Negotiations Best Practices For In-House Counsel To Mitigate Risk When Negotiating Intellectual Property Provisions
One of the most common provisions that In-House Counsel negotiates is Intellectual Property (IP) Provisions. Contract negotiations that involve IP terms can pose new and unforeseen risks to a company’s IP assets. Drafting and negotiating these terms require a well-informed and highly skilled eye beyond typical contract terms.
Whether it is a simple Nondisclosure Agreement (NDA) or an extensive Joint Development Agreement (JDA), almost every section of a contract has potential risks of IP loss. Unknowingly, parties often take positions that directly or indirectly usurp IP rights. These may be proposed under the guise of freedom to operate, standard industry practices, precepts of mutual benefits, and other platitudes that give them rights to your IP. Often, these concessions are not necessary for a given transaction or prospective business relationship.
Tune in for the next event in our IHC Deep Dives series, as veteran IP lawyer and founder of the Stevens Law Group, Dave Stevens, will provide key strategies for Protecting IP in contract negotiations and discuss the following topics:
– How to prepare to negotiate IP Provisions;
– Key risks and call outs with respect to IP ownership provisions;
– When and What IP disclosures need to be made;
– How to analyze and negotiate Confidentiality, and representations & warranties provisions; and
– Best practices for negotiating IP Indemnification and defense provisions
This webinar will analyze a number of negotiation tactics to root out potential risks to IP and provide counter positions to neutralize these risks.
PLEASE NOTE: THIS RECORDING IS NOT CLE ELIGIBLE.