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Why It is Important to Hire an Expert Intellectual Property Lawyer?

Why It is Important to Hire an Expert Intellectual Property Lawyer?

The intellectual property (IP) law is ever-changing. To stay relevant in today’s business environment and help protect your property rights, it is important to hire a proficient intellectual property lawyer. They have comprehensive expertise in this field and can assist you with the right advice that can help protect your rights. An IP attorney constantly keeps up-to-date with the current trends, helping businesses leverage their intellectual property rights.

Let’s understand why it is important to hire a proficient attorney to protect your intellectual property rights.

  1. Legally Protect Your Intellectual Property

The importance of protecting intellectual property rights in today’s complex digital era cannot be undermined. However, one of the biggest challenges for any business is to safeguard their intellectual property from infringement and violation. Hence, you need to register your idea, design, artwork, etc. under respective patents, copyrights, and trademarks. An experienced attorney will help you with this process, registering your IP as well as ensuring legal protection if a third-party claims ownership or steal your intellectual property.

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In case there is an IP infringement or theft, the intellectual property lawyer will take necessary legal actions to sue the third party for such acts and make them pay compensation. Typically, the compensation is paid from the profits the third-party earns from illegally using your protected intellectual property.

  1. Perform Due Diligence

One of the key roles of an IP attorney is to help perform due diligence. They will evaluate all your assets and property you own. Due diligence is an important step to help increase the value of your intangible assets. Additionally, they will draft all important documents like the licensing agreement, deeds of assignment, etc. Understanding these legal agreements can be intimidating and only an experienced intellectual property lawyer can help complete the process properly.

  1. Conduct a Comprehensive Research

In-depth research is important when registering your intellectual property. This ensures that the idea, artwork, design, product, etc. that you want to register does not exist already. Inability to conduct thorough research may cause you to use, which is already protected by a trademark, copyright, or patent. This may result in hefty amounts of penalties and compensation due to IP infringement on your behalf.

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An intellectual property lawyer has the expertise to carry out complete research with the United States Patent and Trademark Office (USPTO) to understand if the trademark is already registered or is pending approval.

  1. Get Professional Assistance With IP Registration and Protection

The application process to file for intellectual property protection can be time-consuming and rigorous. There are several aspects of filing an application that you should thoroughly understand. The process becomes significantly easier when you have the assistance of a good intellectual property lawyer. Rather than trying to do everything on your own, it makes more sense to let an expert handle the IP application and registration process.

  1. Get Comprehensive Intellectual Property Protection Services

A good IP protection lawyer covers all primary elements of intellectual property procurement, including trademark, copyright, and patents. This helps ensure complete legal protection that meets your unique business requirements.

Here is a quick view of the services an intellectual property lawyer can offer:

Patents Offered:

  • Filing and procuring patents
  • Investigating patentability
  • Enforcing patent
  • Providing advice on global patent rights
  • License negotiation
  • Infringement analysis

Copyright Law Handled By An Intellectual Property Lawyer:

  • Copyright registration
  • Investigating status registration
  • Licensing compilations and derivative works
  • Investigating ownerships

Help With Trademark:

  • Trademark registration
  • Investigating registration status and licensing
  • Registering service marks
  • Trademark protection and maintenance
  • Legal protection against unfair practices and infringements

  1. Litigation

hire intellectual property lawyer

An intellectual property lawyer has the knowledge and expertise to file litigation with the court for a wide range of IP disputes. He will assess and analyze the enforceability of non-solicitation and non-compete agreements in real-time. This helps safeguard your valuable assets before any kind of dispute arises. Additionally, the attorney will provide dedicated resources and advice to resolve IP disputes, keeping your core business objectives in mind.

Conclusion

From helping you understand your intellectual property rights to performing due diligence, assisting in application & registration, or handling litigations in case of infringement – an intellectual property lawyer plays a significant role in protecting your intellectual property rights.

We are Ready to Help You

You may need assistance with the following issues during the establishment of your business, the running of business operations, or the stages of closing your business.

Expert lawyers and professional consultancy save you time and money at these stages. We are always ready to help you.

 To start and run your business in the USA, you need a lot of documentation to be prepared. When you need business licenses and permits, we can help you. You cannot be an expert in every subject you need. An expert consulting firm you can trust will save you time and money.

Comprised of experienced business attorneys, marketing experts, and business advisors, Liberty Business has the answers to any questions or needs a blossoming business may have.

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