Intellectual Property The Hard Way: Part I
Art Business

Intellectual Property The Hard Way: Part I

In the startup tips series, both the need for intellectual property (IP) protection and foundational protections, like employment and contract agreements were outlined. However, I would like to shift gears now and start a series of lessons learned or in some cases, IP horror stories. If you are interested in contributing please see below. I spoke with New Orleans lawyer, Andrew Legrand of Spera Law about an interesting cautionary tale concerning an artist who had developed a logo for a small business about ten years prior and the business that paid for it but did not have the rights assigned. In other words, you do not necessarily get what you pay for. There will be a theme in our stories where clients either do not know that they need to identify and protect their IP or they consciously decide that it’s not worth the time or money. Shutterstock Mary: How did this all start? Andrew: A decade ago, the artist was paid a few hundred dollars for the logo, but never signed an assignment of her copyright. Like many small business owners, I assume the business owners at the time did not have an attorney, and simply weren’t aware […]

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