The Foundry Law Blog

Protecting Your Business Against Trade Secret Theft

By Megan Wargacki: Economic espionage, cybercrime and trade secret theft against U.S. businesses has doubled in the last seven years from 1988-199, doubled again in the nine years between 1995 and 2004 and is slated to double again by 2017. Business’ trade secrets are vulnerable to disloyal employees, neglectful employees, competitors, hackers, or even foreign […]

Does your Intern qualify as an unpaid intern?

According to a recent article by the New York Times, unpaid internships are proliferating. Given the continuing uncertainty of the economy, this shouldn’t come as a great surprise – it’s hard to beat the allure of free labor. However, employers need to be wary about how they structure any offered internships; otherwise, they could run […]

Does the Seattle Paid Sick/Safe Time Ordinance Apply to Your Business?

All employers with employees working in Seattle, even those who only work in Seattle occasionally, need to read-up on Seattle’s Paid Sick/Safe Time ordinance (PSST for short). If PSST applies to your business, it establishes minimum standards for paid sick leave and safe time for most of your Seattle employees. These minimum standards do not apply to […]

Social Purpose Corporation, Maximizing Sustainable Business in Washington State

In Washington State, being socially conscious doesn’t mean choosing between doing good and doing good business. Incorporating or reorganizing as a social purpose corporation (SPC) allows socially conscious businesses greater flexibility to support social and environmental goals. What makes this emerging corporate entity unique is that maximizing the financial bottom line isn’t a social purpose […]

Crowdfunding Act: What could it mean for the Entrepreneur or Startup?

The Crowdfund Act is an amended version of the JOBS ACT that will permit the SEC to allow for certain types of investments by individuals who don’t normally qualify as qualified investors under the SEC to make investments through SEC Approved websites. The Act has successfully passed both the House and the Senate. There is […]

SOPA and PIPA: Breaking Down the Bills and Possible Affects on Internet Piracy

With the recent Internet-based blackout by big names in protest of the two bills, it’s worth going over the proposed law and its potential impact on online piracy.   Targeting Piracy With Digital Millennium Copyright Act (DMCA) The current mechanism for addressing internet piracy utilizes takedown notices through the Digital Millennium Copyright Act (DMCA). This allows rights holders to ask […]

Effective Date 2012: Local and Federal Legislation Changes and Extensions

With the New Year in full swing, it’s a good time to consider new laws that will take effect in 2012 (and to be reminded of some that remain in effect). Effect of Washington State’s new liquor law on local restaurants, bars, and craft distilleries. The annual adjustment of Washington’s minimum wage. New employment-related changes […]

Incentives for Seeking Copyright Registration

Before we get into this blog post, I want to point out that copyright registration is optional and it is not a requirement for copyright protection. So why seek copyright registration at all? There are three key incentives to register your work: Filing for copyright registration is a prerequisite for bringing a lawsuit for infringement. Registration […]