Why IP Statutory Rights Matter: Avoiding Costly Mistakes in Contracts

Описание: In this video, Laura Frederick from How to Contract emphasizes the critical importance of getting the intellectual property statutory rights correct in your contract provisions. While it's easy to get caught up in IP indemnities and warranties, the real danger lies in mishandling statutory rights related to IP licenses or assignments.

Key Points Covered:
The often-overlooked importance of statutory rights in IP provisions.
Consequences of breaching IP provisions versus typical contract breaches.
The severe risks associated with IP infringement, including statutory damages, customs actions, and even potential criminal liability.
Practical advice on prioritizing statutory rights in your contract negotiations.
If you’re involved in drafting or negotiating contracts, especially those involving intellectual property, this video is a must-watch to help you avoid costly mistakes.

Want to learn more about IP issues in commercial contracts?
Take a live virtual or on-demand version of Laura's two-hour course IP Essentials: www.howtocontract.com/intellectual-property-courses
Check out How to Contract's Intellectual Property Training Hub with free checklist and contract tips and cartoons about IP clauses: www.howtocontract.com/intellectual-property

Keywords: IP Statutory Rights, Contract Drafting, Intellectual Property, Contract Negotiation, IP Infringement, Legal Training, How to Contract, IP Licensing, Contract Risk Management