Legal Question in Intellectual Property in Michigan

Patent rights

I'm being asked to assign the rights to an invention to my employer for $1. The invention was made in the line of business. Do I have the right to ask for a more worthwhile sum? The market potential for the invention is upward of $60m a year.


Asked on 6/05/08, 4:02 pm

1 Answer from Attorneys
Daniel Pepper Pepper Law Group, LLC

Re: Patent rights

As an employee, any creations of yours made as an employee of the business would automatically be owned by your employer anyway as a work made for hire. Unless there are facts unique to your situation, which are possible, the $1 being offered is not even required.

The foregoing is not legal advice, and should not be relied upon as such. You should speak with a qualified lawyer for advice on your specific situation.

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Answered on 6/05/08, 4:15 pm


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