Intellectual property essentials for established businesses
Helping businesses maximise the value of their IP
As a business becomes more established and is making profit, the greater the likelihood of encountering risk. Markets may become increasingly saturated, and the chance of copying from competitors and IP disputes increases.
For mature businesses, particularly those that have an innovation focus, intellectual property (IP) management can become increasingly complex and strategic. The business is likely to have a global IP portfolio consisting of different types of IP rights i.e. patents, trade marks, designs, etc. This can make it difficult to audit and assess existing rights, ensure renewals are up-to-date, monitor for infringement, and enforce rights as necessary.
Who do we help?
We help C-suite and in-house counsel members who need our expertise in IP for established businesses.
Key considerations
- Reviewing IP strategy
- Rationalising portfolio to maximise value of IP
- Allocating budget to allow response to IP disputes
Be aware of
- IP disputes caused by lack of planning earlier in the lifecycle
- Existing legal provider unable to deal with increasingly complex/ volume of work
How can we help?
- IP portfolio management – renew and rationalise
- Patent landscaping to understand competitor IP and identify areas for innovation
- Set up watching services to detect IP infringement by competitors
- Advise on licensing and IP for maximum commercial impact