Question: Where is the best place to find out how not to get taken by a medical device company … who wants to buy or license your IP? What terms should be avoided in an agreement and what tricks will the big boys try to do to obtain your technology on the cheap.

Answer: You can always check with the Federal Trade Commission (www.FTC.gov), Better Business Bureau (www.BBB.org) and others to see if the company has a bad record or not. To protect yourself in licensing or assigning your intellectual property rights, you should consult with an attorney familiar with this type of legal issue. You can contact us if you wish for a free assessment. Contact us, the Law Office of Steven B. Leavitt, at (877)-279-3003 for immediate assistance or visit our website, www.YouInventIt.com

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