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I get requests for free Non-Disclosure Agreement (NDA) templates all the time. If contracts were food, template NDAs would be junk food: They fill a limited purpose, but they’re not the basis for good business (or dietary) practice. Nearly everyone seems to know that they should use a NDA when they encounter a need to discuss sensitive information. But why? One way to protect ideas is to convert them into a form of intellectual property called a trade secret. A NDA can help you help protect your ideas, but by themselves NDAs can mislead their users into thinking their ideas are fully protected trade Continue Reading →
Inc. Magazine recently posted a great article titled, “How to Think Like the Best Entrepreneurs Do” and thinking is a great first half-step to excellence; however, in order to really take that first full step, you actually have to DO something. The first topic topic of the article says this about great entrepreneurs: “They really want to do what they set out to do.” And we absolutely agree with that. But in addition to really wanting to do what they set out to do, they actually do it. Because the article then states: “They begin by taking a small step toward their Continue Reading →
Therese’s software company had a competitive advantage…until one of her employees quit and took her product source code with him…then started a competing company with it! And because Therese’s company is in California, the employment contract was not permitted to have a non-compete clause. “The mistake we made was not having specific clauses in our employment contracts regarding confidentiality and reusability,” Therese said. You think this situation does not apply to you because your company is not in California? Think again! Even in states where non-competition clauses are permitted, they must be narrowly tailored in time and geography, and have a legitimate business purpose. Continue Reading →
The Purpose of Argent Place Law
Argent Place Law, PLLC serves businesses and business leaders in matters of business law, intellectual property law, and succession planning. Business law issues include contracts with customers, vendors, and partners as well as corporate law and corporate governance. Intellectual Property law issues include filings and strategic licensing for trademarks, patents and copyrights, and how to manage trade secrets. Succession planning incorporates business planning for an equity sale or asset sale as well as the integration of the business succession plan with personal estate planning through wills and trusts.