Don’t Give Away IP To Suppliers

Inadvertently giving away intellectual property – or maybe just setting yourself up for an expensive bout of litigation – can be a real risk when working with suppliers in many manufacturing processes. The risk is particularly acute for small and medium-sized businesses that do not have a systematic risk management or similar function as part of their normal operations. Attorneys from Brinks Gilson & Lione discussed the issue in a post shortly before making a presentation at a medical technology trade show last month. In it, they explain three practices that will go a long way toward diminishing the chances of making this potentially costly mistake.