Monday, April 29, 2019

The Intellectual Property Clinic: A Powerful Tool Supporting Illinois Startups

By: Urvashi Jha

Intellectual Property (IP), is often a crucial but daunting subject for startup companies. Startups recognize that protecting their IP (patents, copyrights, and trademark) is important, but the lack of a clear understanding of how IP rights are obtained and enforced, the complexity of IP rules, and the substantial costs involved in protecting IP rights, are often confusing and demotivating to startups, which can leave their IP vulnerable.  Fortunately, a powerful resource is available to startup companies at the University of Illinois - the Intellectual Property Clinic (IP Clinic)!

Launched in 2008, the IP Clinic is a joint effort at the University of Illinois between the Technology Entrepreneur Center (TEC) at the College of Engineering and the College of Law (COL). The IP Clinic takes place each spring semester. Patent and trademark applications are prepared free of charge for startup companies selected from the TEC’s Cozad New Venture Challenge, the Illinois Innovation Prize competition, and the iVenture Accelerator.  Each patent application typically costs around $10,000-$12,000 and trademark registrations and strategy costs around $2,000-$2,500.

 The patent and trademark applications are prepared by law students under the supervision of Adjunct Professor Joe Barich, a practicing IP attorney who has taught at the COL since 2005. “It has been my pleasure to partner with TEC to found the IP Clinic and to lead its efforts for the last 12 years. We continue to accomplish its mission of integrating the intellectual property services provided by the College of Law students with the powerful, global-class entrepreneurship ecosystem provided by the College of Engineering,” Professor Barich says.

“Unlike IP Clinics that might be offered at other law schools that may focus on more abstract aspects of IP policy, like the Juelsgaard Intellectual Property and Innovation Clinic at Stanford and the Cyberlaw Clinic at Harvard, the University of Illinois IP Clinic works directly and exclusively to support individual startup companies developed at our world-renowned College of Engineering. The law students work directly with startup companies in the IP Clinic. They gain valuable insights and experience while providing legal services that positively impact the growth of individual startup companies, and support entrepreneurship programs of TEC,” he adds.

The law students participating in the IP Clinic get the opportunity to leverage experiential learning.  “One of the best aspects of the IP Clinic is working with the remarkable energy, creativity, and dynamism of student entrepreneurs,” says third-year law student Candice Kwark.  “We have the privilege of working together to solve real problems and serve individuals by providing tools to protect their IP. In the process, we – as law students – acquire experience in practice and procedure, the art of counseling, and a deep understanding of professionalism. Working alongside one of the most dedicated and creative clinical professors, I feel lucky to have the invaluable opportunity to put intellectual property law into practice.”

Read more >> https://tec.illinois.edu/news/articles-from-tec/30444

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