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Top 5 Contract Mistakes That Could Cost Your Business Thousands
Contracts are the backbone of every business relationship, from clients and vendors to employees and independent contractors. But all too often, business owners either rush through contracts or rely on templates that aren’t tailored to their needs. The result?...
Do You Need a Fractional In-House Legal Counsel? Here’s How to Know
When most business owners think about hiring legal help, it's usually in response to a problem: a contract dispute, an employee issue, or concerns over intellectual property. But relying solely on reactive legal support can cost you far more than you realize. Enter...
The UTAH YETIS Hit Trademark Trouble: Breaking Down the Office Action
When you’re building a hockey team—or any brand—you want a name that scores big. For the "UTAH YETIS," it seemed like they had a slapshot success: a strong name with local pride and character. But before the puck even dropped,...
FTC Bans Non-Competes: Strategies for Businesses in 2024
Federal Trade Commission Bans Non-Competes: Introduction This week, we're breaking down the Federal Trade Commission’s (FTC) landmark decision to ban non-competes—a big win for worker mobility but a concern for many businesses. Why the change? It's all about...
The Corporate Transparency Act – What You Need To Know
Introducing The Corporate Transparency Act In this latest blog, we'll be diving into the Corporate Transparency Act (CTA), a pivotal piece of legislation that's stirring up the business world. Yes, I can almost hear the collective groans and see the eye rolls....
Cultivating Innovation in The Local Community: Fargo Patent & Business Law and Emerging Prairie: 2024
At Fargo Patent & Business Law we believe in fostering strong legal foundations for innovative businesses. That's why we are thrilled to be teaming with Emerging Prairie in 2024. Emerging Prairie is an advocate for the local community and aligns perfectly with...
8 Benefits of Patents for Inventors
Benefits of Patents: Introduction In the world of innovation, where creative thinkers come up with game-changing ideas, protecting those ideas becomes crucial. Patent protection, granted by the USPTO is like a shield that keeps your ideas safe. But it's not just...
Provisional Patent Applications
What are Provisional Patents? A Strategic First Step for Inventors For many inventors, the journey to protecting and commercializing an innovation begins with filing a provisional patent application. This preliminary step, made through the United States Patent and...
Non-Provisional Patent Applications | Fargo Patent & Business Law
Introduction: What Is A Non-Provisional Patent? At Fargo Patent & Business Law, we understand the significance of protecting your intellectual property. One critical tool in this process is a non-provisional patent application. Unlike a provisional patent,...
Term Sheets 101
Term Sheets Introduction Progressing from a concept to successful execution involves a series of strategic decisions and critical steps. Among these, understanding term sheets is a fundamental milestone. A term sheet serves as a preliminary blueprint that outlines...
Navigating Legal Challenges for Emerging Companies
Introduction:In the landscape of entrepreneurship, emerging companies stand out because of their innovation and upside. As these new business move forward and create impact, they often encounter a maze of legal challenges that require careful navigation. In this...
The Basics of Venture Capital: Igniting Startup Success
IntroductionIn the dynamic landscape of business, startups emerge as the pioneers of innovation, driven by revolutionary ideas and transformative technologies. However, turning these ideas into reality requires substantial financial backing. This is where venture...
Copyright Dispute Involving Dua Lipa’s “Levitating”
The hit track "Levitating" by Dua Lipa finds itself entangled in a significant copyright dispute, a vivid reminder of the intricate web of legalities in the music industry1. The case revolves around Bosko Kante's claim that his talk box recording was used without...
What is the SEC?
The SEC's Role in the U.S. Financial Regulatory Landscape: The Securities and Exchange Commission (SEC) was established in response to the Great Depression and the ensuing stock market crash in 1929. It was given a pivotal role in maintaining the integrity of U.S....
Elon Musk Trademark Challenges: Navigating Legal Issues in Twitter’s ‘X’ Rebranding
Billionaire Elon Musk recently made headlines by rebranding Twitter as “X” and unveiling a new black-and-white logo for the social media platform. While this move is undoubtedly attention-grabbing, it also raises legal complexities. As it turns out, several...
Trademarks and Social Media: Best Practices for Safeguarding Brand Identity
Trademarks and Social Media: 5 Best Practices For Protecting Your Brand Identity: Effective trademark management is crucial for businesses operating in the digital age, where social media plays a pivotal role in brand building and customer engagement. Your...
7 Benefits of Trademark Protection
In today’s fast-paced business environment, branding plays a crucial role in differentiating your products or services from those of your competitors. Protecting your brand through trademark registration is essential in maintaining its integrity and ensuring its...
The Essentials of Patent Portfolio Management
The Essentials of Patent Portfolio Management A well-crafted patent portfolio is crucial for safeguarding your innovations and enhancing your competitive edge. Effective patent portfolio management involves a range of strategies designed to optimize your...
PepsiCo Trademark Dispute: Key Takeaways
PepsiCo Trademark Legal Case Outcome PepsiCo Inc. recently emerged triumphant in a legal battle against Rise Brewing Co., where the latter accused the beverage giant of trademark infringement related to its MTN Dew Rise Energy drink. The dispute revolved around the...
Google Patent Dispute Case: Importance of Properly Registering Patents
Google Patent Dispute teaches valuable lesson In a recent legal dispute, a federal jury in Waco, Texas, ruled that Alphabet's Google violated the patent rights of software developer Touchstream Technologies by using their remote-streaming technology without...
3 Reasons to Work with a Business Attorney on Contract Review
Introduction In the ever-evolving landscape of business transactions, contracts serve as the bedrock of legal agreements. These agreements outline the rights, obligations, and responsibilities of parties involved in various...
The Importance of Keeping Track of Your Business Finances
Managing your business finances is crucial for success. Did you know that the way you track your finances depends on the type of business you have? In this blog post, we'll discuss why it's important to know and keep track of your finances based on your business...
Make Informed Patent Decisions: PPO vs FTO Search
Introduction: PPO and FTO searches When it comes to protecting your intellectual property, thorough research and analysis are crucial. Two important searches that can help you navigate the complex world of patents are the Preliminary Patentability Opinion (PPO)...
5 Ways Trademark Infringement Can Damage Your Brand’s Reputation
Introduction: Protecting your brand's reputation is crucial in today's competitive market. One significant threat to your brand's integrity is trademark infringement. As experts in patent and business law, Fargo Patent and Business Law is well-versed in the...
5 Key Ways A Patent’s Value Can Improve Your Business
Introduction: Obtaining a patent for your innovative product or technology holds immense potential for enhancing your business's success. In this blog post, we will explore five key ways in which securing a patent can unlock its value, empowering your business to...
Building a Legal Foundation for Startup Success: 4 Key Steps to Ensure Compliance
Introduction: Establishing a solid legal framework is crucial to ensure compliance, mitigate risks, and set the stage for long-term startup success. Understanding and implementing the right legal steps can protect your startup's interests and provide a strong...
Which Business Structure To Choose For Your New Business?
The Small Business Association (SBA) provides valuable guidance through their "Small Business Resource Guide Spring 2023 Edition," which outlines the top 10 steps for starting a business. In this blog post, we will focus on one of these crucial steps: "Choosing The...
4 Common Misconceptions About Trademarks
Introduction: Trademarks play a pivotal role in safeguarding your brand's identity and reputation. However, there are several misconceptions surrounding trademarks that can hinder businesses from effectively protecting their intellectual property. In this blog...
Provisional Patents 101: Essential Guidelines for Inventors
Are you an inventor curious about provisional patents? These patents, recognized by the United States Patent and Trademark Office (USPTO), establish a filing date for a non-provisional patent, allowing "patent pending" status for up to 12 months. This gives you...
Securities Compliance: The Importance of Staying Compliant
Compliance with securities laws and regulations is essential for businesses of all sizes and industries. The Securities and Exchange Commission (SEC) oversees the enforcement of securities laws to ensure transparency and protect investors. It is critical for...
How Long Does the Patent Application Process Typically Take? Understanding Timelines and the Importance of Working with Professionals
We understand that obtaining a patent is a crucial step in protecting your innovative ideas and creations. One common question during the patent application process is: "How long does it typically take?" In this blog, we will explore the various factors that...
Business Formation and Business Law: Why Hiring an Expert Can Save You Time and Money
Starting a business can be an exciting and rewarding endeavor, but it also involves a number of complex legal issues. Whether you're starting a small business or a large corporation, there are many legal considerations that you need to take into account in order to...
Importance of Protecting Your Invention with a Patent
Are you an inventor with an innovative product or process? If so, it is important to understand the value of patent protection. Patents, provided by the USPTO, provide exclusive rights to inventors, allowing them to prevent others from making, using, or selling...
Avoiding Legal Pitfalls: Essential Advice for Startups to Launch with Confidence
Starting a business can be an exciting and fulfilling experience, but it can also be filled with legal pitfalls that can hinder your growth and success. As a startup founder, it's important to be aware of common legal mistakes that can be made and how to avoid...
How To Protect Your Idea From Being Stolen
In today's competitive business landscape, protecting your valuable ideas and creations is of utmost importance. Whether you're a business owner with a unique manufacturing method, an entrepreneur aiming to build a national brand, or a creative individual with...
Licensing An Alternative to Patents
Being in the intellectual property (IP) space, I aim to protect my clients’ IP rights including patents, trademarks, trade secrets, and copyrights. The most rewarding part of my job as an intellectual property attorney is to work with bright inventors who have...
Securities Laws 101: What Every Startup Founder Needs to Know About Raising Capital
Starting a new business is an exciting time, and as a startup founder, you’re likely focused on developing your product, building your team, and raising capital. However, when it comes to raising funds from investors, there are numerous issues related to securities...
Intellectual Property Exclusion Policy
Every year, I work with my insurance broker to determine how much coverage I need to mitigate risks for applicable parties connected to my business. Insurance policies are an essential part of running a small business because they protect us, especially when...
Why Contracts Are Important: Contract Attorneys North Dakota
Common Contract Attorneys Questions It's not uncommon for clients to pick up the phone and reach out to me with a question: "I have someone who is not paying me for services I provided. What should I do?" My first question, like any attorney, is, "Do you have a...
Trademarks – 5 Common Mistakes by Business Owners
As a business owner, you have worked hard to build your brand. So why wouldn’t you protect it? Many founders fail to take even the most basic steps to protect their legal rights of their branding. Here are the five of the most common trademark mistakes or...
Does Hiring an Attorney Increase My Odds of Trademark Registration? Study says ‘Yes’.
Business owners and entrepreneurs have that DIY attitude, which is perfect for someone taking on the challenge of product development and business building. Likewise, it is understandable with that sort of mindset that an entrepreneur would want to attempt to file...
To Patent Search or Not to Patent Search?
Why Inventors Should Perform a Patent Search Inventors often wonder if a patent search is required before filing a patent application. Performing a patent search is a prudent step in the patent prosecution process because it can uncover prior inventions (known as...
You Lose Cash When You Flash
We live in a day and age where posting selfies, food, and vacation spots are more than a trend. Naturally, people are proud of what they have, what they are doing, and who they are involved with. However, oversharing can have some drawbacks with public backlash or...
Copyright Registration: 4 Key Benefits
Copyrights are a type of intellectual property that protects original works of authorship as soon as an author fixes the work in a tangible form of expression. Meaning, the moment pen is put to paper, a brush to canvas, or a song is recorded, the author...
Lawyers and Engineers…So Different Yet So Similar
When thinking of engineers and lawyers, their differences are more obvious when you compare them based on the tasks they perform and the reasons they get hired. But by looking a little closer, there are a lot of similarities between the two professions. High-Level...
I want to start a business that competes with my former employer. Can I take a customer list?
Generally, the answer is no. Customer lists may qualify for “trade secret” protection under North Dakota law. Customer lists, lead lists, social media followers and the like qualify under this law. If you leave your employer and take this information with you to...
Why You Need A Trademark: A Case Study.
Here at Fargo Patent & Business Law, PLLC we often get clients who get into trademark disputes. The claim is called “trademark infringement.” This is a case study about one of our clients who found itself on the wrong side of trademark law. Our client operated...
Just what are “Trade Secrets?”
In our practice we see a fair amount of confidential information from our clients. Some of it relates to inventions that they are working on. Some relate to trademarks and efforts to protect good ideas. What can be done to protect this information especially when...
Crowdfunding: What is it and how you take advantage of it to help your business.
Crowdfunding is a way of raising money on the internet for various purposes from a multitude of investors or donors. It has really come into its own over the last 10 years or so. Typically, the person seeking funds raises it by researching the types of...
Patents Give you a Monopoly, Not Permission
People often incorrectly believe a patent gives you the right to make, sell, offer to sell, or otherwise use a particular thing. Patents do not in fact give you this right. Patents give you the right of a monopoly on a particular concept for a certain time...
Don’t Get Squeezed by a Lemon: North Dakota’s Lemon Laws
Written by Joseph Wetch It seems that new cars are becoming more and more expensive. The cost of steel keeps going up and with tariffs imposed on much of the foreign steel making its way to the United States, that trend does not seem to be ending...
What is Patent Profanity?
December 31, 2021 What is Patent Profanity? Patent profanity is a real thing. It is kind of an odd concept, but yes it is a real thing. Different people have different standards as to what patent profanity actually is, but there are some general guidelines which...
A Business Partnership Is Like a Marriage
NOVEMBER 6, 2020 A Business Partnership Is Like a Marriage A business partnership is like a marriage. One attorney friend of mine once told me, you need to date before you get married. My friend was talking about business partnerships and how to pick the right...
Are Non-Compete Agreements Enforceable in North Dakota?
Are Non-Compete Agreements Enforceable in North Dakota? As any typical attorney would say, it depends. The North Dakota Supreme Court has recognized "North Dakota has a strong public policy against non-compete agreements." In general, North Dakota has been quite...
What is the Difference Between a Trademark, a Patent, and a Copyright?
What is the Difference Between a Trademark, a Patent, and a Copyright? Often people get confused as to whether they need a trademark, a patent, or a copyright. Though they are all similar forms of intellectual property that are filed with the United States...
Five Common Reasons a Business Gets Sued
Five Common Reasons a Business Gets Sued Businesses commonly get sued for a variety of reasons. There are endless ways a business can get sued, but generally speaking the following five are some of the more common reasons. The following isn’t a conclusive or...
How Do I Sell My Business? How To Buy a Business?
JUNE 25, 2021 How Do I Sell My Business? How To Buy a Business? Selling a business can be a complex and confusing process. There are a variety of methods and approaches to take when selling or buying a business. In general, I generally classify the transaction...
What Is the Patent Classification System?
JUNE 18, 2021 What Is the Patent Classification System? Patents are generally classified using two different systems. The systems used to classify patents include the International Patent Classification (IPC) and the Cooperative Patent Classification (CPC). Both...
What is a Trademark?
JUNE 4, 2021 What is a Trademark? A Trademark is a name, symbol, or device which identifies the source of the product or service. Registering your trademark provides some distinct benefits in protecting your brand. Trademarks protect a brand in all 50 states when...
When Do I Need a Trademark?
MAY 28, 2021 May 2021 Email - When Do I Need a Trademark? This month I wanted to provide some information about when it is a prudent decision to register a Trademark with the United States Patent and Trademark Office (USPTO) on your brand. A Trademark is a name,...
The Stages of Licensing an Invention
APRIL 29, 2021 The Stages of Licensing an Invention When I talk to my clients I like to be clear that a patent only derives value from the business operation or business plan behind the idea. A patent grant in itself isn’t valuable; it is the...
What Kind of Patent Do I Need?
What Kind of Patent Do I Need? There are three main types of patents and a variety of subcategories. The three main categories include utility patents, design patents, and plant patents. Of the three, the most common is the utility patent. The second most common...
LLC Versus Corporation
LLC Versus Corporation When a business owner or entrepreneur considers forming a business entity, they frequently ask the question as to what entity is the best to choose. The two most common entities are Limited Liability Companies and Corporations. The two...
Check Out the New Brand Video
FEBRUARY 24, 2021 Check Out the New Brand Video This month I wanted to share with you Fargo Patent & Business Law’s new brand video. We had this put together to help communicate just how the firm strives to provide a high-quality legal service. The video...
Where Did the Name Fargo Patent & Business Law, PLLC Come From?
JANUARY 27, 2021 Where Did the Name Fargo Patent & Business Law, PLLC Come From? Fargo Patent & Business Law, PLLC is a great name. It communicates two basic service concepts. The name Fargo Business Law or the name Fargo Patent Law could have been...
Preliminary Patentability Search or Preliminary Patentability Opinion
DECEMBER 18, 2020 Preliminary Patentability Search or Preliminary Patentability Opinion Inventors often ask the question, can my idea be patented? Patents can cover a tremendous amount of subject matter. There are some limitations but generally speaking when it...
What Should I Do If I Have a Disagreement With a Business Partner?
OCTOBER 28, 2020 What Should I Do If I Have a Disagreement With a Business Partner? If you have a business dispute with a partner, your best approach is to try and settle it quickly and without going to court. Litigation and legal expenses can become very...
What Should I Do If My Business Receives a Demand Letter From an Attorney?
What Should I Do If My Business Receives a Demand Letter From an Attorney? Most businesses at some point receive some form of demand letter from another party or lawyer. A client or customer may send a letter to your business from their attorney because they are...
Business Disputes and How an Attorney Can Help (or Not)
Business Disputes and How an Attorney Can Help (or Not) Should I hire an attorney to help settle a business dispute? It is an unfortunate reality that many partnerships end up in some form of dispute. This may be because the business plan didn’t work out as well...
What is a Fractional In-house General Counsel or a Fraction Chief Legal Officer?
JUNE 11, 2021 What is a Fractional In-house General Counsel or a Fraction Chief Legal Officer? According to salarly.com the median salary of a General Counsel in Fargo is $316,490. Whether this is accurate or not, I don’t know, but needless to say the...
