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One common debate in contract negotiations is which party should own intellectual property rights resulting from work during the term. Most customers want to own the rights.
Ownership of Intellectual Property Rights Created During the Contract Term intellectual property laura's contract tips

Who Should Own Intellectual Property Created During a Contract?

One common debate in contract negotiations is which party should own intellectual pro...

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picture of 2 men filling a pool full of contract terms
Inserting Random Phrases Identifying The Parties' Right To Amend The Contract laura's contract tips

Why You Should Avoid Random Amendment Phrases in Contracts

I'm talking about phrases like “that the parties may agree to change from time to time” or...

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picture of a man asking his banker why he can't get his money in the vault
About Drafting Intellectual Property (IP) Assignment Provisions laura's contract tips

Common Mistakes in Drafting IP Assignment Provisions

I often see provisions that say something like, "Buyer owns the intellectual property that resul...

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photo of a father and son that needs to spend more time with each other
Using “and/or” In Our Contracts laura's contract tips

Why “And/Or” Creates Confusion in Contracts

English grammar rules provide that “and/or” means one or more of a list. “ So, “A, B, C, and/or D” means ...

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photo of a man and a woman talking about the man's edited letter for his girlfriend
Easy way to remove any embedded identifiers in your Word documents laura's contract tips

Why You Should Remove Embedded Identifiers from Word Docs

I've found many lawyers do not know that Word retains the original author's name in the Pro...

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picture of a man and a woman talking about negotiating a new contract "A housefly may live for weeks but a mayfly lives only 24 hours. You should take that into account if you have a mayfly as a contract counterparty.”
Whether To Extend Your Existing Contract or Negotiate a New One laura's contract tips

Should You Extend a Contract or Negotiate a New One?

It would be really easy to amend the contract for another year or two. It is especially appealin...

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Picture of two tigers who see two gazelles in the distance next to a river. One tiger says "You go ahead. My contract requires me to wiat 30 minutes after seeing them before I start stalking."
Avoid Required Negotiation Periods in Dispute Resolution Provisions laura's contract tips

Why Required Negotiation Periods Can Be Problematic

This contract tip is about required negotiation periods in dispute resolution provisions.

Some con...

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Negotiating With Someone Who Doesn't Understand laura's contract tips

How to Negotiate with Someone Who Lacks Experience

Today's contract tip is about negotiating with someone who doesn't know what they are talking abou...

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Avoid Co-Ownership of Patents and Copyrights intellectual property laura's contract tips

Why Co-Ownership of Patents and Copyrights is Risky

I cringe when I see this approach in commercial contracts because it creates so many problems.

The...

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