Explaining vested

Nice Vest! Explaining Vested

Linkilaw Company Law, Startup Advice & Tips

A founders agreement is undoubtedly one of the most important agreements that must be present when starting a business with more than one person. The agreement itself contains duties, responsibilities, assignment of intellectual property, vesting and much more. A vesting clause can be found inside the founders agreement and can save many founders from potential problems with equity down the …

IP

What Effect Will The Unified Court Have On IP?

Linkilaw Business News, Company Law

You may have heard recently that the Minister of State for Intellectual Property (IP), Baroness Lucy Neville-Rolfe, confirmed in November last year that the UK would ratify the EU unitary patent and concurrent Unified Patent Court (UPC), which is an international patent court. Wait, but what about Brexit, isn’t this supposed to halt the founding of the Court and UK’s …

IP law

5 Facts On IP Law Your New Business Should Know

Linkilaw Company Law, Startup Advice & Tips

When the writers of The Hangover Part II decided that Ed Helms’ dentist character would be brilliantly funny with a tattoo like Mike Tyson’s on his face acquired during a night of drunken extremes, little did the realise how long and painful of a headache they had just created for themselves. For while the movie crew was on good terms …

employment law

What’s New In Employment Law In The UK This Season?

Linkilaw Company Law

Becoming a small business owner is a long, gruelling process that requires a lot of research, self-education, and application of those lessons learned. Unfortunately, those lessons quickly become obsolete as laws change, industry trends shift, and business is done in completely new ways. As an anonymous entrepreneur once said, “Starting a business is a lot like jumping out of an …

what happens to intellectual property created by an employee

What Happens To Intellectual Property Created By An Employee?

Linkilaw Company Law, Startup Advice & Tips

Your company needs some help with its website; things aren’t going the way you intended in your first year as a startup and your initial site designer wasn’t up to snuff. So you bring in a freelancer, sign a quick agreement about hours, wages, and expectations, and turn them loose in your system to clean up the mess and get …

company terms of service

How To Write A Proper Company Terms Of Service That Protects Your Business

Linkilaw Company Law, Startup Advice & Tips

I Always Read A Company Terms Of Service, Said No One Ever But That Doesn’t Mean It Isn’t Important A recurring joke on the Internet says the biggest lie on the planet is, “I have read and understood the company Terms of Service”. Even Urban Dictionary seems to think so. Not so far off from the truth, would you agree? …