An introduction to Intellectual Property Rights
Intellectual Property Rights (IP) are primarily made up of:
- Copyright.
- Trade Marks.
- Patents.
- Designs.
- Trade Secrets and Confidential Information.
They provide a monopoly right for your use and you may wish to licence third parties to commercially use your IP on agreed terms. Anyone using the IP rights without permission, or outside the terms of the licence, would be potentially infringing such rights, which would certainly allow you, the owner, to take legal action, seek an injunction and claim damages or an account of profits.
IP is a vast area touching on software, literature, music, images, inventions, pharmaceuticals, clothing designs, bespoke furniture – the list is endless. In fact, all around you is IP of some sort.
IP Advice
We can offer you expert advice relating to:
- Protecting and enhancing your IP, which might mean registration.
- Commercialising your IP by creating and advising on Licence Agreements as well as franchise, joint venture and collaboration agreements.
- Disputes concerning your IP, whether to do with ownership, infringement or royalty disputes.
- Auditing your IP to identify its value and any risks.
Given these points don’t underestimate the value of the IP you create, whether it is a logo/brand name or an invention or a design feature. As a matter of fact, Intellectual Property is an essential part of the value and goodwill of your business. For that reason, you need to protect it and ensure that others respect your ownership.
For Clear, Precise Intellectual Property Advice, speak with one of our Commercial team on 01772 555 176 or email webenquiries@vslaw.co.uk
Meet our team of experts
Frequently asked questions
Company and Commercial Law Client Reviews
Clear Advice Feels Better
Clear Advice Feels Better
I turned to Vincent’s with a challenging situation that needed very careful handling. Michael and Drew were respectful, understanding and supportive. This made them easy to liaise with and I always felt they had my back. Good at listening to what I wanted, we worked together in finding the best way to draw the matter to a close. This eased my stress and worry. I now highly recommend their services to anyone who needs legal advice and help. Thank you both.
Clear Advice Feels Better
I have been using Michael Sandys for commercial legal work for 20+ years. He has been a true asset to my business, dealing with many issues during that time.
Clear Advice Feels Better
I found Michael supportive throughout the process of selling my small business. I particularly appreciated how promptly he replied to any queries I had. I felt completely confident in the advice he gave me and want to thank him and his team for all their assistance.
Clear Advice Feels Better
Thanks Michael, and Drew, everything seems to have gone through smoothly.
I really appreciate the work both have you have done during this process. You have acted both professionally and also very personably, which I feel is important in such a business transaction. Based on my experience, I would have no hesitation in recommending you both personally should someone require similar services.
Thanks again
Clear Advice Feels Better
I have been using Michael for commercial legal work for 20+ years. He has been a true asset to my business, dealing with many issues during that time.
Supportive and Responsive
I found Michael supportive throughout the process of selling my small business. I particularly appreciated how promptly he replied to any queries I had. I felt completely confident in the advice he gave me and want to thank him and his team for all their assistance.