Intellectual Property Exploitation

The creative works of humans are protected by the law as intellectual property rights. The major rights are known as secret information, copyright, trademarks, patents, design rights and database rights.

Intellectual property rights can be owned and licenced. However, the legal work involved with intellectual property requires consideration of numerous other commercial agreements other than an assignment agreement or licence agreements. They relate to confidentiality agreements, research and development agreements, joint venture agreements, manufacturing agreements and royalty agreements to name but a few.

One of the central challenges in exploiting intellectual property rights is the basis for valuing the intellectual property. Sometimes it is the little items of creativity, which seem so straightforward, that can be worth the most. Other times an idea can take years of research and development before any value can be obtained. It can therefore be difficult to determine when to appoint a solicitor for protecting intellectual property.

If you work with intellectual property rights and are uncertain on the legal issues then you should speak with a solicitor.

Contact us

For expert legal advice on the commercial exploitation of intellectual property contact us by telephone on (020) 8275 0446 or by email at enquiries@sllaw.co.uk.

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