Free Law Information Blog

When the Enron and MCI scandals broke, it became clear to the US government as well as everyone else that something needed to be done to prevent financial abuses from harming the public. A bipartisan team of legislators led by Senator Paul Sarbanes and Representative Michael G. Oxley put together the Sarbanes Oxley Act, also titled the Public Company Accounting Reform and Investor Protection Act of 2002, and more manageably called SOX for short. It was overwhelmingly passed by the House of Representatives, and the Senate voted unanimously to pass the Sarbanes Oxley bill.

The Sarbanes Oxley Act was signed into federal law on July 30, 2002. Its primary purpose is to protect investors by making corporate information released about accounting and finance more accurate and reliable. It addresses issues like the establishment of a public company, creation of an accounting oversight board, auditor independence, corporate responsibility, and enhanced financial disclosure.
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Gaining a patent on your invention can be an expensive undertaking. From beginning to end, here are the basic fees you will need to be prepared to pay. Please realize that many others may crop up depending on how complex the prosecution becomes for your patent.

First of all, the PTO will expect you to pay a filing fee on your patent application. Fortunately though, the filing fee is not due immediately. You may choose to send in the filing fees later during the prosecution. There are different fees for different application types. Different fees for various documents. And different fees for the petitions that may need to be sent in during the prosecution.
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Who will be there when things go wrong?

Due to the trouble, expense and the risks involved with gaining a patent, you might be lulled into thinking that the government will be there to lend you a helping hand when it comes time to enforce the rights your patented invention.

Sorry, but this is not how it works in the real world.

In reality, once a patent is issued, the inventor or patent owner (i.e. you!) must enforce the patent without the aid of the USPTO. So, if your patent is infringed upon, it is going to be up to you to finance any lawsuits that may arise.
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You could save hundreds of dollars by incorporating yourself without a lawyer. How? Is it advisable to do so?

1. This is Not Legal Advice!

The only ones who should be giving legal advice are those licensed to practise law (in other words, only lawyers). This article is not legal advice. If you need legal advice, consult a lawyer. This article is being written simply to inform you that it is possible to form a corporation or limited liability company without a lawyer.
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Are you paying attention to employment law requirements? If you aren’t, you should be. Not only are you required to follow specific regulations concerning employment law, but you are also required to notify your employees of their employment law rights by placing an employment law poster in a conspicuous place in your business where your employees will be likely to see it, such as an employee break room. There are eight basic Federal employment laws that you should be aware of and understand.

The first of these is Title VII of the Civil Rights Act of 1964. This employment law prohibits discrimination on the basis of race, color, religion, national origin and sex. In addition, sex discrimination on the basis of pregnancy and sexual harassment is also prohibited under this employment law.
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