An intellectual property lawyer works with clients in the creation, licensing, protection, and transfer of intellectual property. Intellectual property encompasses a number of different products including music, books, movies, artwork, slogans, and logos, and intellectual property law allows owners to have the rights to both tangible and intangible assets. Intellectual property lawyers assist clients with five basic types of law: trademark, copyright, trade secret, patent, and licensing.
In the above video, Lionel Tan Rajah & Tan Singapore LLP) talks about Intellectual property (IP) rights and how valuable these assets are to any business. He explains the basic concepts and practices of Intellectual Property rights and how to protect them best.
Trademark law aims to protect logos, phrases, and symbols belonging to an individual or company. An intellectual property lawyer would assist the trademark holder if another individual or company used its trademark without permission.
Copyright law allows creators exclusive rights to protect their work and how it is used. This type of law protects the expression, rather than the name or slogan. For copyright law, an intellectual property lawyer will protect the creator’s rights against infringement.
Patent law generally focuses on inventions and protects the inventor from others profiting off their work. Intellectual property lawyers defend against the unlawful reproduction or pilfering of patented inventions.
Trade secret law protects a company’s methods and devices that give them an advantage over their competitors. An intellectual property lawyer will help the trade secret owner from unauthorized disclosure by other individuals or companies.
Licensing law allows copyright and patent holders to allow others to use their work with their permission. If another firm violates licensing law, an intellectual property lawyer will protect the rights holder.
Intellectual property constitutes the livelihood for many companies in the United States and across the world. Thus, intellectual property lawyers are constantly needed for assistance in protecting intellectual property. One of the most in-demand types of an intellectual property lawyer is a patent lawyer. Patent lawyers require extra training and are always needed because patents are one of the most important ways to protect intellectual property.
Intellectual property lawyers can focus on transactional work or litigation. Transactional work involves registering trademarks or applying for copyright protection whereas litigation is primarily for lawsuits.
Companies value an intellectual property lawyer because he or she will protect all of their trademarks, logos, slogans, and more. These elements are important streams of revenue for companies and protecting them is essential to a company’s financial well-being.
If you have an idea and want to take it from being just an idea to being something of use or value you need an Intellectual Property Lawyer. Intellectual Property law is one of the most challenging and evening confusing aspects of law and it requires a company with tremendous experience and a wide understanding of Intellectual Property Law to assist in cases where they are needed. Intellectual Property Lawyers are experts that can assist, advise and represent our wide variety of clients on the legalities of Trademarks, Patents, and Intellectual property.