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Simple English definitions for legal terms

business-method patent

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A quick definition of business-method patent:

A business-method patent is a type of patent that describes a way of doing business. It gives the person who invented the method the right to stop others from using it for a certain amount of time. This type of patent was not allowed until 1998, but now it is possible to get one if the method is new, useful, and not obvious.

A more thorough explanation:

A business-method patent is a type of patent that describes and claims a series of process steps that, as a whole, constitutes a method of doing business. It is a U.S. patent that was not recognized as being patentable until 1998. The Federal Circuit Court of Appeals held in State Street Bank & Trust Co. v. Signature Fin. Group, Inc. that business methods are subject to the same legal requirements for patentability as any other process or method.

Example: A company invents a new method of conducting online auctions that is faster and more efficient than existing methods. They apply for and receive a business-method patent that gives them the exclusive right to use this method for 20 years from the date of filing. This means that no one else can use this method without the company's permission.

This example illustrates how a business-method patent can protect a company's innovative method of conducting business and give them a competitive advantage in the marketplace.

business-method exception | Business Methods Patent Initiative

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babycat
15:43
and I honestly don't think the t14 require significantly more intellect than any other law school. the content is pretty much the same
15:44
the rigor of the T14 law schools is almost entirely the result of who they allow to attend
BulbasaurNoLikeCardio
15:44
Well so far Vandy is highest ranked I went for, hopefully they like me. Its not really the academics/rigor. Following rules and meeting standard is easy it is the competition for class rank and with other students that I think would be my greatest struggle
JumpySubsequentDolphin
15:45
but doesn’t grade inflation at the top schools almost make it easier to get higher grades than it does at >t14
babycat
15:45
@info-man: agreed
babycat
15:48
just my opinion but grade inflation is probably more of an undergrad thing since law school grades tend to be on a curve
shaquilleoatmeal
15:49
Leaving the office just now and this chic is blasting glorilla in the elevator...doesn't match our work location vibe lmao
shaquilleoatmeal
15:49
shits gonna be stuck in my head all night now
glovediedthisishismom
15:50
northwestern has a dude with a murder charge in their class this year dont they
shaquilleoatmeal
15:50
what^^
shaquilleoatmeal
15:50
no way
HopefullyInLawSchool
15:50
2 next year
glovediedthisishismom
15:50
google it shaq some dude got his degree in prison and is now at nw
HopefullyInLawSchool
15:50
Bro is studying to beat the charges
shaquilleoatmeal
15:52
While representing himself in court, McKinley's sentence was reduced from 100 years to 25, a sentence he served in full. While still incarcerated, he took the LSAT, or Law School Admission Test, and applied to law school - no shit, thats impressive how much he lowered his sentence being pro say
JumpySubsequentDolphin
15:52
@HopefullyInLawSchool: that made me lol
babycat
15:52
there was a convicted rapist admitted to some southern law school not too long ago
shaquilleoatmeal
15:53
smh
glovediedthisishismom
15:53
fun fact gangs specifically have all their shooters be 12-16 year olds so they can go to juvee and get their charges sealed like nothing happened
shaquilleoatmeal
15:56
yo, what should i pick up for dinner?? Cava or Sweetgreen
glovediedthisishismom
15:56
sweetgreen
glovediedthisishismom
15:56
i wish i had one close to me
babycat
15:56
shaq how did your date with Uber girl go?
soyalmondoatmilk
15:57
OMG I LOVE SWEETGREEN
shaquilleoatmeal
15:57
lmaooo oh man i gotta find a way to make a long story short - sg it is ! What do you guys usually get? I'm tired of my same old same old
soyalmondoatmilk
15:57
i love the harvest bowl
soyalmondoatmilk
15:57
their salmon is good too
shaquilleoatmeal
15:58
@babycat: you gonna be on later tonight? i gotta get home, shower, and then I can hop back on and give you the break down lmao
shaquilleoatmeal
15:58
i dont know how much i trust salmon from quick take out spots so i've never tried it there. Harvest bowl is OG and always good for when you need a quick decision
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