At Ditthavong & Steiner, P.C., we approach licensing not as intellectual property lawyers, but as business partners. We tailor the agreement to your business needs in plain, easy-to-understand terms that avoid the pitfalls of outdated “boilerplate” or needlessly complex language. We get to understand your technology and/or product and your specific legal issues. But just as importantly, we understand your business.
For many entrepreneurs licensing is the most productive vehicle for which to make a living. Licensing provides the rights to another company to develop a product giving you the ability to financially gain from the process without having to commit anymore capital. The history of licensing was born out of a pencil box maker seeing an opportunity to sell more boxes to kids with the image of Mickey Mouse’s on the box. He negotiated a deal that allowed the image to appear on 10,000 wooden pencil boxes, which sold faster than any of the other pencil boxes. Entrepreneurs and inventors can take advantage of the licensing process to maximize revenues while limiting commercialization expenses.
Ditthavong & Steiner, P.C. helps clients in negotiating the licensing agreement to maximize the benefit and terms to our clients’ interest. We educate our clients and provide a clear understanding of the risks and benefits associated with contract terms, ensuring that the final agreement meets their respective needs. Let Ditthavong & Steiner, P.C. negotiate your next licensing contract and see how easy and effective it can be.
Ditthavong & Steiner, P.C. provides ongoing support after the contract has been signed and implemented. Ditthavong & Steiner, P.C. helps clients administer, review, update and improve their contract as their business needs and business relationships transform based on environmental and business conditions.