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Posts tagged ‘lawsuit’

A Couple of Thoughts about Patents and NDA’s

At SCORE I meet a lot of clients who want help filing a patent application or drafting an NDA (Non-disclosure Agreement).  There’s a lot of fear out there about someone stealing a patentable idea.  And with good reason.  If you build a better mousetrap, odds are that somebody, somewhere (not naming any names here . . . (China)) will copy and sell it at a fraction of your price.  So, how do you protect yourself?  Applying for a patent and handing out Non-disclosure Agreements is one way, and I’m not knocking it (or trying to put my patent lawyer friends out of business).  But remember:  a patent is only as good as your willingness to sue to protect it.  And such suits can be very, very time consuming and expensive. Read more

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