University Practice Group

 

Universities and Nonprofit Organizations are faced with unique issues associated with the intellectual property generated by its employees, consultants and students. University innovators -- and their developments -- are highly sophisticated, and asserting legal ownership in their assets as intellectual property provides a system of protection in the commercial marketplace. In turn, intellectual property permits Universities to control research and technological advances as an incentive to productize or license to find commercial value and recoup investment. However, turning university technology into commercial value involves legal and regulatory limitations, including issues of financial assistance awards, ownership disputes, export and manufacturing controls, and trade secret considerations. Managing these unique intellectual property concerns of nonprofit technology transfer, while procuring a broad scope of protection for the University technology, is the primary focus of the University Practice Group of MacCord Mason.

 

The University Practice Group of MacCord Mason assists academic and nonprofit institutions in developing, protecting and exploiting their intellectual property assets. We have helped our technically oriented clients in developing patent, trademark and know-how portfolios that support their long-term business strategies. Our success in obtaining intellectual property protection that meets the goals of our clients rests not only upon thorough knowledge of the law, but also upon the broad base of technical experience possessed by members of the law firm.

 

 The following strengths are particularly relevant to assisting academic and nonprofit institutions in obtaining protection for intellectual property:

 

  • Expertise: Members of the MacCord Mason University Practice Group have the technical background that is often needed to relate to university inventors. Several Group members possess advanced technical degrees in engineering and the life sciences and have had extensive hands-on practical and research experience in industry and academia.

 

  • Working with universities: The University Practice Group has developed relationships with several universities to obtain patent protection and assist faculty members in establishing business start-ups based upon life science and biotechnology research.

 

  • Innovation and cost effectiveness: The relatively small size of our practice and exclusive focus on intellectual property allow us to obtain cost-effective, meaningful protection for our clients' intellectual property assets. We constantly explore the use of innovative patent prosecution tools to decrease the time required to prepare, file and prosecute applications in a cost-effective manner.

 

 The University Practice Group of MacCord Mason would like to explore the possibility of working with you to help further develop your patent portfolio. Please contact Edward Rilee, Esq. or Jason Condrasky, Esq. in our Greensboro office if you would like to learn more of our experience and the ways in which we can help you attain your business goals.

 

 

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Interacting with this website does not establish any form of attorney-client relationship with our firm or with any of our attorneys. At MacCord Mason, an attorney-client relationship can be formed only by an engagement agreement between the client and an individual attorney, not by submitting an e-mail to our website. Please understand that any information sent to MacCord Mason via e-mail on an unsolicited basis cannot be guaranteed confidential treatment. Nor will sending an e-mail to MacCord Mason generally be considered as a request to take action with respect to the information. Any request to take action, such as filing a patent application with a patent office, will not be considered binding on the firm unless it has been agreed to and acknowledged by an individual attorney or the attorney's previously authorized representative of the firm.

 

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