Licensing & Portfolio Management
Properly leveraged patents, trademarks, and copyrights can generate substantial revenues for a company’s intellectual property portfolio. Often times, licensing begins with surveying the industry to determine which competitors are infringing a company’s existing intellectual property rights, and then demanding a royalty in lieu of litigation.
Once a business secures its intellectual property rights, the next step is ensuring that the entire portfolio is property managed because various maintenance deadlines are often created by the United States Patent & Trademark Office (USPTO), as well as from licensing agreements. Therefore, careful attention should be given to selecting reliable legal counsel that will ensure an intellectual property portfolio does not fall into disarray.
Watson LLP assists clients with identifying intellectual property licensing opportunities by performing audits of existing intellectual property, surveying the industry for infringement, setting the parameters of a licensing program, and then preparing, negotiating, and reviewing patent, trademark, and copyright license agreements for established and emerging technologies.