Retention or Employment of Attorneys
Legal Services Involving Centers for Technology Development and Transfer
An institution of higher education may establish a center for technology development and transfer (center) to manage, transfer, market or otherwise commercialize technology owned by the institution or in which the institution owns an interest. The institution may contract with a center under the control of a governing board other than its own.
An institution of higher education may enter into a contract for legal services with a competent lawyer or law firm to:
- Prepare, file, pursue and maintain patent applications in the United States or foreign jurisdictions.
- Secure copyright protection for computer software.
- Prepare, file and pursue trademark and service mark applications.
- Pursue litigation to prevent or stop infringement of any intellectual property rights of the institution.
- Handle any other legal matter related to the operation and activities of the center.
Fees or other compensation may be paid on a contingency basis, at an hourly rate or on another basis the governing board of the institution considers appropriate.
Documentation Requirements [+]
COBJ 7258 must be used to describe all payments to outside legal counsel.
Sources [+]
Texas Education Code, Sections 153.001(1)-(3), (6), 153.003(a), (c) and Section 153.006.
