As a business owner in California, you know ideas are worth their weight in gold. That is why it is so important that you safeguard your most valuable ideas when sharing information with others. Forbes explains how non-disclosure agreements (NDAs) offer such protection, while also detailing the key elements of these documents.
When you are looking for new ways to make your company competitive in your industry, one of the methods you may choose is to collaborate with other competitors to achieve a broader purpose. At Wang IP Law Group, we have helped many of our clients in California to work their way through complex business litigation.
Many would agree that success in business starts with a unique idea. You don't have to be the first to have the idea. It is more important to be the first person to formally register the idea. This is where working with an intellectual property attorney comes into play.
As a strong competitor in your industry in California, you have worked relentlessly to develop trade secrets that have given you an edge on your competition. As such, you have carefully trained your employees who have access to this confidential information to protect its sensitivity and privacy. However, it is imperative that you plan for the worst-case scenario so you can be prepared should such valued information ever become compromised.
One of the most common responses to a violation of intellectual property rights is to send a cease and desist letter. According to QuickBooks, this type of letter informs a person that he or she is violating your intellectual property rights by using your protected material.
Starting and growing a business in California is challenging and time-consuming. One way many businesses attract customers is through different forms of advertising. Unfortunately, some companies use misleading information, or even outright lies, to gain unfair competition over others. The good news is there are both federal and state laws that prohibit this type of deceptive trade practice, and businesses can take legal action if they are a victim of these false ads.