How a Food & Beverage Business Hired a Lawyer to Draft an Invention Assignment Agreement in North Carolina

In 2023, a business in North Carolina sought legal assistance in drafting an invention assignment agreement to safeguard its intellectual property. The client was collaborating with a food laboratory to enhance their novel food product's formulation, having already established a preliminary scope of work and a non-disclosure agreement. However, they needed guidance on the necessary contracts to protect both their existing formulation and the outcomes of the laboratory's work. As a result, the client received six proposals from licensed lawyers, with flat fee bids ranging from $240 to $2,250. All proposals were submitted to meet the client’s deadline of one week, ensuring that they could move forward with their project promptly.