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Lawyers Professional Liability Insurance ? Why Does It Cost So Much, Part 2

October 31st, 2012 Comments off

This is part two of my weblog discussing the simple pricing considerations that go in to an underwriters considerations when they pricing your lawyer’s skilled liability insurance. We are working our way by means of a standard application and addressing the questions in the order they are often posed. In this blog we will look at why underwriters ask for a law firm’s revenue, the number of attorneys and a breakout of the firm’s areas of practice. This is a general overview, if you have any certain questions or concerns please call me to discuss them or call your current agent.

The next question in numerous of the lawyer’s expert liability insurance applications is for the firm’s revenue for gross billings. The revenue numbers you disclose may possibly impact your premium some underwriters are seeking to see if your revenue per attorney is unusually high or low and could use that as a factor in their final premium calculation. A number of insurers also take the firm’s revenues in to account when deciding regardless of whether or not to provide coverage. If a firm’s revenues are too low the question of its’ long term viability might be called in to question. Lastly, the limits and deductible offered can be impacted by an underwriters concern with your capability to pay the premium generated by high limits of liability or your capability to pay a greater deductible if they deem your revenue too low to support it.

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Categories: Copyright Patents Tags:

IPR Services from Online Portal Tm-India ? Trademark, Patent, Company

October 30th, 2012 Comments off

A patent is a set of the exclusive rights granted by a government of country to an inventor or their assignee for a limited period of time in exchange for a public disclosure of an invention. The procedure for granting patents, the requirements and expectations placed on the patentee, and the extent of the exclusive rights vary typically between countries according to national laws and international agreements. Usually, a patent application need to include 1 or much more claims defining the invention which must be new, inventive, and beneficial or industrially applicable. In many countries, specific topic areas are expelled from patents, such as enterprise strategies and mental acts. The exclusive appropriate granted to a patentee in most countries is the right to prevent others from making, selling, utilizing or distributing the patented invention with out permission.

Each and every Country has diverse law to the patent registration in India. The patent act 1970 sets the rules and regulations to register a patent in India. The registration of a patent can be filed either jointly or alone with a partner or by legal representative of a departed inventor. Patent Registration in India is a specialized process calls for extremely skilled and skilled specialists. Registration of patent is a really complicated process so it can also be completed with the help of great attorney who would able to guide throughout the whole procedure of patent registration in India. Patent office’s India are established under the ministry of commerce &amp industry, department of industrial policy and promotion, which are accessible to guide &amp counsel the applicant. Patent office mainly looks soon after the distinct requirements of patent law relating to grant of the patent.

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Categories: Trademark Patent Tags:

A need of logo copyright

October 29th, 2012 Comments off

Logo is a very crucial factor in the company’s brand creating and to offer it a unique image. Each firm owns exclusive rights for its logo and it wants that no 1 should use that logo so the copyright is necessary for that purpose. Soon after the copyright no other company or the person can use the logo other than the owner.

It is quite important to protect the logo in this era of high competition. If somebody copies your logo and firm name that indicates you will lose your business so it is quite significantly needed to safeguard the logo. This is the very first need of excellent enterprise. Registration of logo protects your brand name and its identity from the misuse of it by other people.

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Categories: Copyright Trademark Tags: