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Intellectual Property
In today’s competitive market, it has never been more important to exploit your intellectual property assets and develop your brand. Intellectual property rights take a number of different forms:
- Patents
- Trade Marks
- Copyright
- Design Rights
- Know-How
Any of these rights can be licensed by you to third parties to expand your markets or production capabilities. Equally, you can take a licence from a third party to extend and complement your product range or enter new product markets. Product development can also be accelerated through research and development (R&D) agreements with technology partners.
The Importance of Licences and Agreements
It is important that the key terms should be agreed upon and documented at the outset, including setting out the rights being licensed, the range of products or services, the territory, any exclusivity provisions, and of course, the financial terms. Duration and termination rights are also important. A well-drafted agreement will make the rights and obligations of the parties clear and avoid the potential for future disputes.
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Our Recent Cases
- Licence of Formula 1 driver image rights to major sports group
- Licence of patent rights for 3D printing technology
- Copyright advice and licence for educational materials
- R&D agreement for new specialist vehicle development
- The licence of a trade mark to supercar manufacturer
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Solicitor, Corporate
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