What we do

ADVISing early-stage tech companies

Hello! I’m Michael Stein and this is the homepage for MDS Advisory Services, LLC, a business I founded after retiring from my 30-year practice as an attorney in private practice.

MDS Advisory Services, LLC (MDS) is a consulting firm I started to leverage my experience as an IP attorney and early-stage investor and advisor. MDS provides comprehensive advisory services to technology startups and companies, specializing in legal advice on commercial law, contract review, intellectual property matters, and patent application preparation. Through MDS, I support my clients in achieving their business goals by providing strategic guidance and expertise in navigating the complex landscape of technology and intellectual property.

Connect with me: michael.stein@mdsadvisoryservices.com

Services

MDS offers a range of consulting services tailored to the specific needs of its clients:

Legal advice on general matters of commercial law:

MDS provides guidance on legal issues related to contracts, business transactions, compliance, and risk management.

Contract review:

MDS conducts thorough reviews of contracts, ensuring that the terms and conditions align with the client’s objectives and protect their interests.

Intellectual property advice:

MDS assists clients in safeguarding their intellectual property assets through strategic planning, patent portfolio assessment, and IP licensing strategies.

Patents:

MDS supports clients in preparing and filing provisional patent applications, leveraging Michael Stein’s technical and legal expertise.

Fundraising:

MDS helps clients navigate the fundraising process by providing guidance on term sheets, investment documents, and investor presentations.

Data Science and AI/ML projects:

With a certification in Practical Data Science from MIT and a background in electrical engineering, Michael Stein brings a solid understanding of data science principles and techniques. MDS can assist clients in leveraging data to drive insights, develop predictive models, and implement AI/ML solutions. This includes data exploration, feature engineering, model development, and deployment strategies.

Navigating AI Patent Eligibility: USPTO’s July 2024 Guidance Explained

In an era where artificial intelligence is reshaping every industry, the line between patent-eligible inventions and unpatentable abstract ideas has become increasingly blurred. In this article, I review the USPTO’s July 2024 guidance update on AI patent eligibility and see if it helps to clarify the murky waters of AI intellectual property. Introduction In July…

USPTO Issues New Guidance on Inventorship for AI-Assisted Inventions

By Michael Stein, Feb. 12, 2024 The United States Patent and Trademark Office (USPTO) has published new examination guidance for determining inventorship of inventions created using artificial intelligence (AI). This guidance comes in response to the recent Executive Order on AI issued by President Biden. Introduction The rise of artificial intelligence (AI) is bringing new…

Why Moats Matter for Startups

Michael Stein, December 2023 Introduction As an early-stage investor, I am always looking for companies that have a durable competitive advantage—or a “moat”—that will allow them to gain and maintain market share over time. While growth potential and margins are important, having defensible moats is what separates temporary success from enduring leadership. In this article,…