Legal Question in Intellectual Property in Michigan
I live in Michigan, and have a question regarding intellectual property. I've been hired by an investment firm for which I do research. My job doesn't specifically involve invention, though it is possible. My employment contract indicates that any intellectual property I create even outside of working hours belongs to the firm. Is this an enforceable contract?
1 Answer from Attorneys
As a Franchise Attorney I can say the following. This is a fairly common provision and it's part of a negotiated contract. The time to object or negotiate was before you signed the employment contract - although you can still try to amend the contract, if your employer is willing. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation