Patent Licensing

Patent licensing: What, How, and Why?

Patent licensing is a practice in which the patent owner permits other firms/entities to use the patent. Licensing patents to others include legal work mainly in the form of agreement. The license agreement has terms and conditions that both parties need to follow. The agreement contains a description of the product, shares in profit, and[…]

Intellectual Property (IP) Paralegals Facts

Intellectual Property (IP) Paralegals Facts

Before jumping directly into the Intellectual Property paralegals, let us first understand the meaning of the term ‘Paralegal’. Paralegals are the individuals who are not actually lawyers, but their work seems very similar to them. They are trained and qualified by education, and are employed or retained by lawyers, corporation, law office, or under other[…]