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IP Agreements Attorney

Who owns an invention, and who can use it, is decided by contracts. We draft and review the agreements that keep your intellectual property clearly yours.

What’s Included

  • Assignments — Transferring ownership of patents and inventions to your company, cleanly and on the record.
  • License agreements — Granting or receiving rights to use patents, know-how or software.
  • Joint development agreements — Deciding up front who owns what when two companies build something together.
  • Invention assignment provisions — Making sure employees’ and founders’ inventions belong to the company.

How It Works

  1. Understand the dealWe learn what each party is contributing and expects.
  2. Draft or reviewWe prepare the agreement or flag the risks in one you have received.
  3. NegotiateWe help you reach terms that protect your IP.
  4. RecordWhere needed, we record assignments with the USPTO.

Why Work With Thompson Patent Law

Because we prepare the patents themselves, we know exactly which contract terms affect ownership, enforceability and value, and we draft agreements that line up with your patent strategy.

Ready to talk about your invention?

Start with a Complimentary Patent Needs Assessment. We’ll tell you honestly what makes sense for your situation, what it involves and what it would cost.

Get a Complimentary Patent Needs Assessment

Frequently Asked Questions

What is an IP assignment?

An IP assignment is a written agreement that transfers ownership of intellectual property, such as a patent or invention, from one party to another.

Do founders need to assign their inventions to the company?

Usually yes. Investors and acquirers expect the company to own its core IP, so founder and employee invention assignments should be in place early.

What is a joint development agreement?

An agreement between two or more parties working together on technology that sets out who contributes what and who owns the resulting inventions.

Should I record a patent assignment with the USPTO?

Recording is recommended. It gives public notice of ownership and protects the new owner against later conflicting transfers.