The Importance of Legal Entity Structure for Startups

Two keys to success in almost any entrepreneurial venture are preparedness and adaptability. When you are bold enough to start a company based on your own unique vision, there are many challenges and issues to consider. But what should not get lost in the ether is choosing the proper type of business entity for your company. Your legal entity structure …

Patents: Beyond the Basics – Current Risks and Opportunities (Part 2)

Patents: Beyond the Basics – Current Risks and Opportunities (Part 2) The world of patents is constantly changing. Recent developments could have a major effect on your business. It’s important to stay one step ahead to avoid surprises. That’s why we enlisted the help of attorneys at McCormick, Paulding & Huber. They’ve prepared a four-part Q&A series that will answer …

Patents: Beyond the Basics (Part 4)

Patents: Beyond the Basics (Part 4) Answering Your Top 12 Questions on Strategy Part 4 In this four-part Q&A series, six patent attorneys from Dilworth IP answer 12 patent strategy questions posed by Connecticut Innovations portfolio companies. [Please note that this patent Q&A series is for general informational purposes only and does not represent legal advice by the authors or …

Patents: Beyond the Basics (Part 3)

Patents: Beyond the Basics (Part 3) In this four-part Q&A series, six patent attorneys from Dilworth IP answer 12 patent strategy questions posed by Connecticut Innovations portfolio companies. [Please note that this patent Q&A series is for general informational purposes only and does not represent legal advice by the authors or Dilworth IP, LLC.] Q: How can I create a …

Patents: Beyond the Basics (Part 2)

Part 2  In this four-part Q&A series, six patent attorneys from Dilworth IP answer 12 patent strategy questions posed by Connecticut Innovations portfolio companies. [Please note that this patent Q&A series is for general informational purposes only and does not represent legal advice by the authors or Dilworth IP, LLC.]  Q: How can/should patents fit into my overall business strategy?   …

Patents: Beyond the Basics (Part 1)

Patents: Beyond the Basics (Part 1) In this four-part Q&A series, six patent attorneys from Dilworth IP answer 12 patent strategy questions posed by Connecticut Innovations portfolio companies. [Please note that this patent Q&A series is for general informational purposes only and does not represent legal advice by the authors or Dilworth IP, LLC.]  Q: To patent or not to …

Employment Agreements: Who Needs Them? When Should a Startup Company Have Them?

Employment Agreements: Who Needs Them? When Should a Startup Company Have Them? Companies whether long established or just starting up—are not required to offer a written employment agreement to any employee they hire or currently employ. In some cases, however, it may make sense to have a written employment agreement signed by an employee. Below are some general considerations, good …

The Ins and Outs of In-Licensing

The Ins and Outs of In-Licensing In the research, development and design of new products, an increasing number of startups are turning to “in-licensing” technology from universities and other institutions as a means of getting products to market quicker while reducing both risk and cost in the early stages of development. Rapid progress in product development also allows for financing …

Understanding the Differences: B Corps and Benefit Corporations

Understanding the Differences: B Corps and Benefit Corporation For more about the differences between B Corps and Benefit Corporations, check out “B Corps vs. Benefit Corps – What’s the Big Difference?” About the Author Ojala Naeem is incubator and IT manager at reSET, a nonprofit organization whose mission is to promote, preserve and protect social enterprise as a viable concept …

When Should a Startup Company Engage a Law Firm?

When Should a Company Engage with a Law Firm I asked a friend, the CEO of an emerging, venture-backed company, the question posed in the title: “When should a startup company engage a law firm?” His immediate and emphatic response: “Never. Ever.” Not very helpful… The reason for my friend’s tongue-in-cheek (I think) response is the time and money many …