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LSDefine

Simple English definitions for legal terms

trailer clause

Read a random definition: unauthorized practice of law

A quick definition of trailer clause:

A trailer clause is a promise made by an employee to give their employer the rights to any inventions they create while working for the company and for a certain amount of time after they leave. This promise is only valid if the time limit is reasonable. Another name for this clause is a holdover clause.

A more thorough explanation:

A trailer clause is a promise made by an employee to give their employer the rights to any inventions they create while working for the company, and for a certain amount of time after they leave. This is also known as a holdover clause. The time limit must be reasonable for the clause to be enforceable.

For example, if a software developer creates a new program while working for a company, the trailer clause would give the company the rights to that program. Even if the developer leaves the company, the company would still own the rights to the program for a certain amount of time.

Another example would be a scientist who works for a pharmaceutical company. If they discover a new drug while working for the company, the trailer clause would give the company the rights to that drug. Even if the scientist leaves the company, the company would still own the rights to the drug for a certain amount of time.

These examples illustrate how a trailer clause can protect a company's intellectual property and ensure that they have the rights to any inventions created by their employees while working for the company.

traffic regulation | traitor

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RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
14:30
Sent an app to OSU in early december and have STILL not heard back
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