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Intellectual Property Lawyers That Manage IP Risk for You

Sep 16th 2015 at 12:26 AM

In industries where development of a product may take years, and with R&D processes which inherently result in a large amount of IP being generated, companies can be required to develop an understanding of their current portfolio of IP and how it relates to the legal and financial realities of their business.

Understanding the market for intellectual property, and the legal challenges faced by corporations that look to compete in the marketplace today can be a part of daily business for your firm. The advantage of having a law firm that specializes in IP legal protection services is that a full service firm practicing intellectual property law can help you to properly understand and act on the IP in your portfolio.

An integrated intellectual property lawyer is able to understand the IP portfolio that you currently hold and the inventions that they are protecting to better defend the rights of this IP if it is contested in court. The development of ongoing research and further IP off of an initial patent also needs to be monitored and carefully studied as it develops, as further knowledge or papers published may also need to be protected in the same way.

A fully integrated patent law firm may help you to address these increased complexities, listening to and fully managing your IP portfolio risk as it changes over time. The other major benefit of this integrated approach is the ability to monitor and spot areas where IP rights may need to be asserted for example to protect the patents that are held.

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