IP Ownership
The term “Intellectual Property” (IP) covers a range of matters, including copyright, trade marks, patents and design rights. Most businesses will own some IP assets even if they do not realise it – and this is where we can help! IP can drive value for your business, from delivering competitive advantages to creating revenue streams. Knowing what IP rights you own and their strategic importance to your business is an important step in realising the potential of these assets.
We can help to identify what IP is owned by a business or individual and how to best protect and commercialise these invaluable assets.
In summary, being able to identify IP ownership helps you to add value to your business; protect your reputation, products and services; and set you apart from competitors.
What IP rights do I need to consider?
As a business you will want to understand what IP rights you own and how you can then make the most of these assets commercially. We can help to review your IP position so that you understand what IP assets you own; can assess the strengths and weaknesses of what IP assets you own; and seek further IP protection if required.
We can look at a business as whole or more specific projects and / or contracts in the context of IP ownership – no task is too big or small and quite often it is crucial to have IP expertise to guide you in the right direction and through the process.
What about IP ownership in a specific business transaction or agreement?
It's important to understand that IP is crucial to a lot of business transactions and agreements – even if it not obvious at first and even if you are not sure if you own any IP assets which you can commercialise in the first place. It is therefore important to assess your IP ownership before undertaking any new transactions or entering into agreements to make sure you are getting what you need in terms of IP rights.
We can help with this exercise to assess what you own and to make sure your IP ownership position is covered as you expect it to be in any transactions or agreements. It is also really important to understand your IP ownership position when using third party providers.
How can we help?
We specialise in providing cost-effective legal solutions clearing your path to success, and we have specialist expertise in intellectual property matters which we can help you with. This includes considerations of IP ownership when working with third-party providers, help to identify what IP you own and how to protect your IP. We support the likes of Onfido, Multiverse, and Truelayer - ensuring they can build and bolster their commercial relationships.
Need support from a UK intellectual property lawyer? Get in touch with our team.
How to get started
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