The Law Practice Doctor - Podcast
About This Show
The law practice doctor podcast is the place to get the easiest most practical and profitable ways to grow your firm and still have a Life! Its mission is to help solo and small law firms succeed.
Most Recent Episode
060: Copy Infringement and Trademark Litigation with Theodore Monroe
Sep 5 16
In this week’s episode of the Law Practice Doctor, Sam Gaylord interviews Theodore Monroe. Theo is specializes in copy infringement and trademark litigation while representing merchants, payment processors, and banks. Main Questions Asked: Who is Theo Monroe? How long have you been with your law firm of Theodore F. Monroe? What is the match list? What’s involved with the trademark and copy infringement work? Are there ways for payment companies to mitigate their risks? Do you have specific recommendations for payment companies? Key Lessons Learned: Internet Payments There are a lot of things that can go wrong when transacting over the internet, chargebacks, leaked or hacked info, and more. Payment law clients usually involve large online merchants or banks, rarely the consumer. There isn’t a library of case law for this area so it’s a new area of the law. Most clients are derived from referrals from past clients and people that know you. Position yourself as the expert of whatever niche you choose to focus on. Visa and MasterCard keep a list of merchants that they don’t want to do business with. It’s important to look for multiple revenue streams within the niche you’ve chosen. Litigation The internet and nation wide nature of the companies that utilize it makes practicing law more complicated. Sometime you’re working in multiple jurisdictions. The majority of cases occur in Federal court. The main kinds of lawsuits