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Showing posts from October, 2019

A SOW and why you need one?

A SOW sounds like a giant pig but in legal terms it is considered a "Statement of Work". According to the business dictionary a SOW is defined as,"Detailed description of the specific services or tasks a contractor is required to perform under a contract. SOW is usually incorporated in a contract, indirectly by reference or directly as an attachment". In other words it is the beginnings of a contract and details between two entities is under common law practices. In todays digital age certain contract formalities have become less rigorous due to the lower cost for jobs especially when it comes to freelance work. Smaller scope projects are not costing thousands of dollars due to the supply of freelancers and companies I have discussed like Fiverr and Upwork. Accord ing to th e, "Payoneer's 2018 Income Survey indicates that hourly rates for freelancers fall between $11 and $28 depending on the industry, with the average income for freelancers being ...

Trademarks dissected...What it means to get a TM?

This post summarizes the key points of what it means to get a trademark. I explain what a trademark is, some of the key points in the filing process, and the fact that this process without an attorney is very difficult. It may seem like a boring topic to look at but if you want to learn more about protecting your logo/brand and the hours working on your startup, read on!  According to the uspto.gov, "a trademark is generally a word, phrase, slogan, symbol, or design, or combination thereof, that identifies the source of your goods and services and distinguishes them from the goods and services of another party.  That is, a trademark lets consumers know that the goods or services come only from you and not from someone else". Essentially the trademark allows you to keep what brand you have created and if anyone tried to copy that to use as a good or service you would have legal obligation to go after them. It also gives the consumer an opportunity ...