Technology Terms Glossary
What is intellectual property?
We can define intellectual property as any intellectual or human creation, like literary works, inventions, artistic works, and designs. In most cases, intellectual property, such as patents, is legally owned and protected by an organization from outside use and implementation without adequate consent. One of the primary purposes of intellectual property law in many countries is to encourage and facilitate the creation of a variety of intellectual goods.
Elements
Some common types of intellectual property are:
- Example 1: Trademarks
- Example 2: Trade secrets
Here is a comprehensive article about intellectual property .
What is kitchen sinking?
We can define kitchen sinking as the practice of consolidating or lumping all bad news, such as poor financial results, in one go. For example, in accounting or finance, it’s snow-balling losses and then reporting them in a single period. Note that Tesco used kitchen-sinking to announce its worst-ever financial results.
Elements
Some fundamental elements or aspects of kitchen sinking are:
- Example 1: It tends to focus on the past
- Example 2 : It overwhelms the person on the receiving end, and the present issue almost always gets lost
Here is a comprehensive article about kitchen sinking .
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I focus my practice on startups and small to mid-size businesses, because they have unique needs that mid-size and large law firms aren't well-equipped to service. In addition to practicing law, I have started and run other businesses, and have an MBA in marketing from Indiana University. I combine my business experience with my legal expertise, to provide practical advice to my clients. I am licensed in Ohio and California, and I leverage the latest in technology to provide top quality legal services to a nationwide client-base. This enables me to serve my clients in a cost-effective manner that doesn't skimp on personal service.
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Curt L.
For over thirty five (35) years, Mr. Langley has developed a diverse general business and commercial litigation practice advising clients on day-to-day business and legal matters, as well as handling lawsuits and arbitrations across Texas and in various other states across the country. Mr. Langley has handled commercial matters including employment law, commercial collections, real estate matters, energy litigation, construction, general litigation, arbitrations, defamation actions, misappropriation of trade secrets, usury, consumer credit, commercial credit, lender liability, accounting malpractice, legal malpractice, and appellate practice in state and federal courts. (Online bio at www.curtmlangley.com).
Matthew S.
I am a 1984 graduate of the Benjamin N Cardozo School of Law (Yeshiva University) and have been licensed in New Jersey for over 35 years. I have extensive experience in negotiating real estate, business contracts, and loan agreements. Depending on your needs I can work remotely or face-to-face. I offer prompt and courteous service and can tailor a contract and process to meet your needs.
"Matthew was prompt and professional and satisfied all requirements of my request!"
Tim E.
Tim advises small businesses, entrepreneurs, and start-ups on a wide range of legal matters. He has experience with company formation and restructuring, capital and equity planning, tax planning and tax controversy, contract drafting, and employment law issues. His clients range from side gig sole proprietors to companies recognized by Inc. magazine.
"Tim was excellent! I gave him project details (liability waiver and rental agreement) and what I needed and he produced the day he said he would with ZERO revisions needed. Highly recommend."
August 4, 2020
Christopher J.
Experienced attorney focusing on estate planning, probate administration, business formation and counseling, and consumer bankruptcy.
August 13, 2020
Jaren J.
Real Estate and Business lawyer.
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