As many Californians already know -- and as Bay Area residents are acutely aware -- ride-sharing services such as Uber and Lyft are all the rage nowadays. These companies allow everyday people to transport people from point A to point B, just like a taxi would. It's a genius business approach that has turned these companies into incredibly profitable companies that are renowned across the globe.
In the last few months, we have talked quite a bit about intellectual property, trade secrets and the ways business can protect their vital products and patents. Intellectual property is an incredibly complicated area of law, and also a very important one. If a company is not well-versed in the complexities of intellectual property, they take on a lot of unnecessary risk.