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Generative AI – A Legal One-Two Punch

You know all that nifty art you're creating with your fancy new generative AI tools like DALL-E? Turns out, AI-generated art gives rise to rather a legal double-whammy, to wit: 1. you probably don't own it; and 2. you can probably still get sued for it. As to ownership, in the U.S., only humans can be legal authors. Works prepared by non-humans are not copyrightable and, therefore, not legally ownable. All the nifty shots your generative AI tools are so artfully rendering are probably in the public domain, so if you share them, anyone may be able to copy…

How Not to Use a Crypto Lawyer

My team and I, we are crypto lawyers much of the time. We work in many other areas of technology law, but we spend a lot of time working on cryptocurrency projects. We know as much about blockchain, cryptocurrency, NFTs, and the like as any other crypto lawyers in the world (of whom there are currently precious few). We have been practicing law since long before the blockchain existed. Also, some if us, myself in particular, are former software engineers. So we can read your code. We get the joke. We understand the compulsion to move fast with blockchain technology…

Why Intellectual Property Is the Backbone of Innovation and Business Growth

In a talk that was as engaging as it was enlightening, Brent Britton broke down the crucial role intellectual property (IP) plays in today’s innovation-driven world. Whether you’re a startup founder, investor, or creative professional, understanding IP is essential for protecting your work, staying competitive, and growing your business. The Importance of IP in Business and Innovation Britton opened by defining intellectual property as the legal rights that protect intangible assets—like inventions, creative works, brand names, and trade secrets. These are divided into four main types: patents, trademarks, copyrights, and trade secrets. He explained that IP is not…

Present and Happy to Be Here

Present and Happy to be here Can there be anyone more present and happy to be here than Stephen Hawking in zero g? And can there be any greater poetry than Stephen Hawking slipping the surly bonds of gravity, when Hawking himself for 20 years held the same professorship once held by none other than Sir Isaac Newton, the first of our kind to formulate a meaningful theory of how gravity works?  Poverty and Murder I take attendance at the top of my creativity class at USF each week, and when I call each student’s name I make them respond with an enthusiastic “Present…

Clear Trademark Rights Before Naming Things

You cannot use a brand in commerce if your use would be confusingly similar to someone else’s brand. So, do not name your company or your product or service without clearing trademark rights first. Once you choose your name, scour the internet using the search engine of your choice to ensure no one else is using it as the brand name of similar goods or services. Also check the TESS trademark database at uspto.gov to see if your name turns up. Remember that trademarks are compared on the basis of their overall visual and phonetic impression, so clever spelling inconsistencies…

Selling your “idea”

I meet with a lot of folks who have come up with a nifty idea for a product, but who, for various reasons, don't want to be entrepreneurs. Instead, they want to sell their idea to a big company. If you have an idea for a product that you’re going to promote or peddle to big companies, bear in mind that, absent your taking some kind of protective action in advance, there is absolutely nothing that will stop them from taking and implementing your idea all for themselves. I would call this stealing, but it is not. No one owns ideas.…

Deploy a captivating hook

When courting potential investors with an executive summary, or even just an email, see if you can deploy a seriously captivating hook right off the bat. I know this is easier said than done. But remember, your executive summary is nothing more than a 30-second blipvert to get the reader interested in taking a meeting and learning actual stuff about your company. It's an advertisement. The point is just to hook them. Your executive summary will be scanned by investors with all the conscientiousness of an HR manager reading a resume. You’ll have about 5-10 seconds to catch their attention. Which…

Five Ways to Put My Kids Through College

As your corporate and IP lawyer, I would like to thank you for the situations into which you get yourself, extraction from which requires the payment of substantial sums of cash to me. Far more cash, it must be said, than you would have paid me had you brought the situation to me in the first place. Anyway, here's how to put my kids through college. 5. Promise employees and other people lots of stock, but don't paper anything with actual contracts. Come to your lawyer a year or more later asking for "corporate cleanup." This will take weeks, not days. Oooo...…

Five Ways to Desuckify Internet Advertising

The other day I surfed a car company's website. Then I bought a car from that company. Nice and neat. I’m happy. They’re happy. Ever since then, however, everywhere I go on the web, I am getting served up ads from that very company for that very car. The one I already bought. Whataminute. What? I think it is safe to say I am the last person who is likely to buy that car in the short term. Because, you see, there is a shiny new one in my garage. I am out of the market for a…

All “A Board” — The Difference between Directors and Advisors

If you’re an entrepreneur, you’ve probably been told that your company needs a good board. You may have overheard other entrepreneurs speak — perhaps boastfully, perhaps resentfully — about their powerful or active (or activist) boards.  But what kind of thing is this board of which everyone speaks? It is probably one of two things: a Board of Directors or a Board of Advisors . And they are two very different things. In short: The Board of Directors oversees the CEO and sets the company’s overall direction; its members are elected by an…
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