Intellectual Property rights are an important business asset which a great number of businesses do not properly recognise, safeguard or exploit to their full commercial potential.
Intellectual Property is a complex legal area. Distinguishing between registerable and non-registerable rights and statutory and non-statutory rights is important. Patents, copyright, trademarks and registered designs can all be used to provide different legal safeguards. Obtaining specialist advice is vital - and Godloves have the right experience and knowledge to provide it.
The first steps may be to identify what Intellectual Property rights you possess; to assess their value; and ensure that they are properly protected. Examples of Intellectual Property assets in your business might include:
- designs
- inventions
- special processes
- distinctive names or marks
- computer programs
- trade secrets.
We can help you to identify and value your business’ Intellectual Property assets, and to take any additional steps necessary to protect and safeguard those assets. It can be a very expensive mistake to ignore the impact of Intellectual Property on your business.
Beyond effective protection of Intellectual Property assets, you may have opportunities to gain commercial advantage from them. For example by:
- licensing or selling them to others
- preventing competitors from making or selling similar products
- setting up joint venture operations.
On the other hand, if your competitors have Intellectual Property protection in place, we can help you to find the best ways to compete effectively, but legally, with their products or services.
We can also help you to defend or pursue any Intellectual Property related disputes (working with colleagues from our Commercial Litigation team if appropriate).
To find out more about how our Intellectual Property services could aid the success of your business, please contact us
