The Proactive Approach to Intellectual Property
Richard Sedory, General Counsel, Wastequip, USA
In-house counsel play a crucial role when developing and managing a company’s intellectual property portfolio. For example, through leading in the development and management of an effective and robust intellectual property portfolio, one that adds value to the organization, internal counsel will be inextricably involved in: • Consideration and development of the company’s business and innovative strategy • Developing a complementary intellectual property strategy, aligned with the company’s business and innovation goals and direction • Developing and effectively managing a patent portfolio in alignment with the company’s patent strategy • Enforcing a patent portfolio to ensure the company is obtaining added value from the portfolio Proactively developing a robust intellectual property program and strategy improves a company’s profitability, and also provide opportunities to stay current in the market and with market movement. The more a company actively creates and protects its patents, trademarks and other intellectual property, the better prepared it is to understand its market value, protect itself from a competitor and defend itself if a competitor threatens infringement. Keeping up with your intellectual property portfolio, and possible infringement by others, is imperative for any company, even an old-school manufacturing enterprise.
Richard Sedory is General Counsel, Senior Vice President and Secretary for Wastequip, LLC. As Chief Legal Officer, he is responsible for overseeing and advising the leading North American manufacturer of waste handling and recycling equipment on all aspects of legal affairs, compliance, risk and defense. Rich is on the Board of Directors for the University of Pittsburgh Alumni Association and the Association of Corporate Counsel Charlotte Chapter, and chairs the ACC Charlotte Career Development Committee. He has been nominated by his peers and is a two-time finalist for the Charlotte Business Journal “General Counsel of the Year” in 2016 and 2017, regularly presents at numerous continuing legal education seminars and cheerfully volunteers for pro bono and charity activities in the Charlotte area. Rich received his JD from the University of Pittsburgh School of Law, and has dual undergraduate degrees in Business and Political Science from the University of Pittsburgh.
Wastequip is the leading North American manufacturer of waste and recycling equipment, with an international network of manufacturing facilities and the most extensive dealer network in North America. Wastequip’s broad range of waste and recycling equipment and systems is used to collect, process and transport recyclables, solid waste, liquid waste and organics. The company’s brands include Wastequip, Toter, Galbreath, Pioneer, Accurate, Cusco, Mountain Tarp and Go To Parts. For more information, visit www.wastequip.com.
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