In 1997 a paragraph in an Australian business magazine jumped off the page. As I recall it stated: "At a time when intellectual property is rapidly rising in value, in business it is remarkable how the greatest value is being derived by those who give it away."
This seemed a paradox. It was two years after Netscape's August 1995 Initial Public Offering and Navigator, Netscape's free web browser software.
During lunch with a technology client I reminded him that a commercialisation lawyer should have knowledge broader than silo legal knowledge. Let me illustrate with a case study about headphones.
Assume that back in 2008 a start-up wanted to lauch into the headphone business.
That client has a vision. It sees significant growth of mobile music devices leading to more people wanting to buy headphones and use the instead of low quality standard earphones.
The client's plan is to manufacture and sell designer headphones tweaked to be bass heavy for listeners of contemporary hip hop and related music genres.
Purchase orders can be an excellent and secure way to buy products and services. There are many considerations for drafting them well.
A purchase order is a type of buy-sell contract between a buyer and seller for products or services.
The key words here are “buyer”, “seller”, and “buy-sell”.
Over many years our firm has assisted an increasing number of new online distributors, traders and retailers.
We’ve developed standardised procedures and documents to make legal services economical and efficient.
This article provides a framework for Australian-based entrepreneurs seeking to buy, sell and conduct commerce securely to build valuable online businesses.
The Guardian has an article on famous buildings and monuments, both old and new, copied in China: Seeing double: what China's copycat culture means for architecture.
My experience with architecture and copyright in China runs opposite to The Guardian story. It provides some balance for stories about Chinese copies.
A friend and distinguished architect years ago created an inspired yacht club design and associated apartment development in Australia. It caught the eye of people in south China who sought to establish a similar coastal facility.
When used on its own, do not expect business law to get you to a sensible or good result. It can happen but it is not a given.
When only purely legal thinking is in operation often business law is a road to nonsense, failure or suboptimal results.
Human resources managers can do many practical things to protect an organisation's intellectual property.
Few do. One reason is that HR professionals and boards know too little about what IP is and how to benefit from it. So here's a simple list of tasks that will increase the value of the HR function and minimise legal costs from disputes or litigation.
Apple Inc. is becoming the registered proprietor, and licensor back to The Beatles, of the Granny Smith record company logo, so far for sure in Canada.
As a personal guess, Apple Inc. spent between $500 million and $1 billion over 30 years, to defend itself against The Beatles, for use of the Apple name and logo.
Trade mark registration can be expensive. In 30 years of evidence I have found the most expensive and wasteful results come from adopting legally weak trade marks to register.
Legally weak trade marks waste money long after registration.
Here's 17 articles with our firm's tips on how to select legally strong marks. They cover trade marks, brands and business, company, product and domain names.
Mark Cuban's blog post on the cost of tertiary education and the level of student debt in the United States has relevance which extends beyond his country and topic. It grapples with major issues about the future of tertiary education. It's a huge topic.
Cuban's title is overblown: "The Coming Meltdown in College Education & Why The Economy Won't Get Better Any Time Soon". While he is often a scrappy writer he's also easy to read, explores new ideas, and debates opinions, often in opposition to popular views
On student debt the alarming debt figures he quotes speak for themselves. He states that the "37 million holders of student loans have more debt than the 175 million or so credit card owners" in the United States. He says this is more than the debt on cars in the United States.