The new economy is an overwhelmingly knowledge-based economy, which means that contracts, software licenses, and agreements between companies, vendors, or suppliers have become increasingly focused on intellectual property issues such as software theft, copyright infringement, trademark infringement, trade secret misappropriation, and other intangible assets of a company. These contracts often have arbitration provisions related to any disputes, which may arise between the parties. The “TEAM” factors below apply to any intellectual property arbitration and include Timing, Experts, Appointment, and Management of an arbitration proceeding. These TEAM factors are important considerations for any party arbitrating an intellectual property dispute.
What is the typical timeframe needed to effectively prepare? Read more about IP Arbitration.
In addition to Thriving Attorney, Darin M. Klemchuk is founder of Klemchuk LLP, a litigation, intellectual property, and transactional law firm located in Dallas, Texas. He also co-founded Project K, a charity devoted to changing the world one random act of kindness at a time. Click to read more about Darin Klemchuk's practice as an intellectual property lawyer.