Why Intellectual Property Lawyer is Important For You

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Why Intellectual Property Lawyer is Important For
You
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(No Transcript)
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Introduction

• Nowadays many companies have different kinds of
  intangible assets. These assets consist of
  trademark, patent and copyright. Like any other
  asset that you own, it is important for you to
  properly manage these intellectual rights. This
  is where you would need support from an
  intellectual property lawyer.

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Protection

• This is one major reason behind companies looking
  for legal representation for their intellectual
  property. Since intellectual property is not a
  physical asset, it is very easy for anyone to
  claim them. A lawyer would keep an eye on your
  property thus making sure that nobody uses them
  without your permission.

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Profit

• Many companies are unaware of the fact that they
  can actually make money from their intellectual
  property. It can be easier to license the patent
  from any another company rather than reproducing
  your own processes. If you want to sell and
  reproduce your own assets in this way then you
  can make profit from it.

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Upkeep

• You should be aware of the fact that you would
  have ownership of your property for a certain
  period of time. To make sure that your rights
  would remain intact and are under your ownership,
  you would have to pay fees and resubmit paperwork
  in every few years as per the rules. Your
  intellectual property lawyer would help you to
  keep track of all these time limit.

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Acquisition

• It is also possible to acquire patents and any
  other similar property when they are expired and
  you chose to lease them. Your lawyer would be the
  best person to help you in this regard.

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Source

• http//www.w3iplaw.com.au/