Tuesday, July 24, 2007

Lawyers - arrrrrgh.

Woobee Kids and BellySock's contract with BabyLegs is at the point where we (WB & BS) need to retain a lawyer to oversee the negotiations, because as everyone knows friendships can be preserved by a well written contract that benefits all. With that said, we have interviewed two different experienced firms. And the one thing that is loud and clear - can you say trademark?!

Once you talk with a lawyer you will want to run out and trademark your beloved product, despite the expense (BTW around $2500 - $3000 w/ no complications). I personally feel kind of pinned against a wall...Woobee is a popular name for children products and i do not want to go into production on a large scale and find out someone else has legal rights to my name/brand. That would be financially and morally devastating. So I need to come up with the $2500 to trademark Woobee in case someone challenges me, or risk it until I am more financially able to come up with that money? ALL the lawyers we talked with made it very clear that we would be idiots to risk it. So now we come up with the money to trademark and then the money to have the contract drawn up.Well, I guess the girls don't get new clothes for school this year - just kidding, kind of...

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