Intellectual property (IP) can be a significant asset for your business. Protecting your business’s’ IP is important. Some of the main ways in which your IP can be protected include:
- Trade marks: Obtaining a trade mark for your business’s name and logo is an important step in protecting your business’ image. Most businesses invest considerable time, effort and capital into building a brand. It makes sense to protect it, and ensure that competitors are prevented from exploiting your reputation.
- Patents: Businesses that create new and inventive products, methods or processes may be able to obtain patent protection. The requirements for getting a patent are strict and many inventions will not be patentable even if they are useful. To find out if you should consider seeking a patent, get in touch with our patenting team.
- Confidential Information: Every business has confidential information, whether it be customer lists or internal data. There are many ways to protect confidential information, for example through employment contracts or non-disclosure agreements.
Ultimately in order to protect your IP you will need to monitor for infringements vigilantly. This is something our IP lawyers can assist with, as well as enforcing your rights through the courts.