How a Consulting Business Hired a Lawyer to Review an IP Assignment Agreement in New York

In 2021, a business in New York sought assistance with reviewing an intellectual property assignment agreement. Drawing from their experience in larger consulting firms, the client's primary goal was to discuss the implications of standard "developed IP" clauses and whether these considerations were relevant to their new venture. They desired to understand how these clauses could impact their operations, especially given their independent status in the consulting industry. As a result, the client received two proposals from licensed lawyers, with flat fee bids ranging from $200 to $475, all submitted to meet the requested deadline of less than one week.