IP Portfolio Management

Whether it is working with a startup client filing their first trademark application or with an established company developing an in-house patent program, the firm's attorneys have the knowledge and experience to help build and maintain an intellectual property portfolio.

By establishing a history of trusted legal advice with our clients, we can help clients develop and implement cost effective intellectual property strategies. From a startup on a shoestring budget to an established international company, our attorneys have the experience and vision to identify cost effective procedures that fit individual business' plans and meet company objectives.

Intellectual property may be transferred like most other types of property. Licenses and assignments are the most common tools used to transfer intellectual property assets. Both licenses and assignments may be tailored to meet each party's specific requirements.

A licensing agreement typically gives the licensee an exclusive or nonexclusive limited right to use certain intellectual property subject to the terms of the license. Because licenses do not completely transfer the asset and involve a contractual relationship, it is vitally important that both parties to the license fully understanding and consent to the exact terms of the license as well as the tax consequences associated with such licenses.

An assignment involves a complete transfer of rights in the intellectual property asset from the assignor to an assignee. While assignments may be straightforward in nature, it is still important to understand the extent of the intellectual property rights being transferred and the associated implications.

The firm's attorneys have the expertise to review and identify possible sources of intellectual property revenue that may be lying untapped by a client. Whether it is assisting clients in negotiating and drafting licenses and assignments or conducting a top to bottom review of a company's intellectual property assets, the firm's attorneys have the experience and the knowledge to minimize risk and maximize profit.