Risk of loss
There is always the risk you will lose the rights to your creations.
With patents, your invention can become a public invention with no exclusive usage rights.
With trademarks, your mark can become generic. In fact, “Google” might lose its trademark because they argue that the verb, “to google something”, is now part of the English language and culture. Other examples of trademarks that have become generic include: Aspirin, Dry Ice, Laundromat, Kerosene, Zipper, Heroin. Once a trademark becomes generic is possible to lose your right to sue upon perceived infringement.
With copyrights, it is also possible to lose the right to sue.
Contact Lum Law Group and find out how to protect your intellectual property!
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