Small Business - Austin Daily Herald

Lloyd & Mousilli Urges Startups and SMEs to Address the Growing Impact of AI on Patent Law

Houston, United States - October 14, 2024 / Lloyd & Mousilli /

As artificial intelligence continues to transform industries, Lloyd & Mousilli, a leading intellectual property and technology law firm, is advising startups and small-to-medium-sized enterprises (SMEs) to proactively address the profound impact AI is having on patents and IP protection.

AI’s Influence on Patents – A Critical Legal Consideration for Businesses

The rapid rise of AI has brought innovation at an unprecedented pace, but it has also introduced complex challenges in the realm of patent eligibility and inventorship. Texas patent law firm Lloyd & Mousilli, with its deep expertise in navigating AI-related patent law, is urging SMEs to consider the evolving legal landscape.

The intersection of AI and patent law is more than just a theoretical issue; it’s a practical one that can directly impact a company’s growth and competitiveness. For SMEs operating in these rapidly changing industries, understanding AI is key to protecting their innovations and staying ahead of the competition.

In July 2024, the United States Patent and Trademark Office (USPTO) issued new guidance on patent eligibility, with a particular focus on critical and emerging technologies like AI. This guidance aims to clarify how AI-related inventions should be assessed, yet key questions remain about whether AI systems can be considered inventors under U.S. law. Current patent regulations mandate that inventors must be human, a requirement that is being challenged as AI systems become increasingly sophisticated in generating innovations.

Lloyd & Mousilli’s Strategic Guidance on AI and Patent Law

With their rich history of supporting tech startups and AI companies, Lloyd & Mousilli is uniquely positioned to help businesses navigate these challenges. Notably, the firm has worked with companies such as:

aiXplain, a company making AI accessible to all, which turned to Lloyd & Mousilli for critical legal guidance on protecting its cutting-edge innovations.
Orqa, a remote reality systems company, which partnered with the firm to secure its technological advancements through rigorous IP protections.
Tavus, a generative AI (genAI) startup specializing in personalized video deepfakes, which trusted Lloyd & Mousilli to safeguard its groundbreaking innovations and position the company for global expansion.

These case studies highlight Lloyd & Mousilli's ability to offer specialized expertise in AI-related patent matters, ensuring that companies can both protect their inventions and navigate the legal complexities that arise with the integration of AI.

Empowering SMEs to Take Action

For SMEs, particularly those in growth or expansion phases, the need for robust IP protection has never been more urgent. Lloyd & Mousilli’s tailored legal services—combining IP protection, patent litigation, and AI-focused legal strategies—are designed to serve the unique needs of these companies. “We understand that SMEs require not just legal defense, but proactive legal strategies that align with their long-term goals,” said a spokesperson for L&M. “At Lloyd & Mousilli, we offer more than just legal services—we offer a partnership that supports innovation and protects it.”

By staying at the forefront of AI and patent law developments, Lloyd & Mousilli aims to be the go-to legal partner for SMEs looking to safeguard their innovations in an increasingly AI-driven world.

About Lloyd & Mousilli

Lloyd & Mousilli is a boutique law firm specializing in intellectual property, technology law and related litigation. From its founding over a decade ago, headquartered in Houston, Texas, Lloyd & Mousilli has championed the strategic use of intellectual property, counseling businesses from new startups to enterprises.

For more information on how Lloyd & Mousilli can assist with AI-related patent law issues, visit www.lloydmousilli.com.