How to select a technology lawyer

Investigating your technology law needs may save you money and headaches down the lines. IT professionals are dealing more with outside vendors and consultants. In these transactions, it is vital to protect your intellectual property (IP). One of the best ways to do this is to use the appropriate “legalese”. Poorly written nondisclosure agreements (NDAs), contracts, memorandums of understanding, and other legal documents can sink a business. Large corporations usually have sizable legal staffs to protect their interests. It´s the smaller firms that need the most help. If you are making technology decisions at smaller companies, be aware that: (i) any dealings you enter into without legal representation automatically put you at a disadvantage, and will appear to the opposing parties as a sign of weakness; (ii) protecting technology today can substantially increase its future value-for example, the value of America Online is greatly enhanced by its recognizable trademark; (iii) some law firms will work at reduced rates if they believe in your technology and you agree to retain their services in the future (after you hit the big time). The article gives advice on how to select an appropriate lawyer