When you start a company, business organization or firm, you must have your specific business logo, website, a patent for the production and selling of goods and services, etc. All these stuffs are protected by the Intellectual property law. Actually, it is a broad definition for the defense of property such as copyrights, trademarks, and patents.
These days, as the competition in the business world is increasing rapidly, cases of Intellectual Property infringement are on the rise. It is very important for a business organization to protect its assets against Intellectual Property infringement attempts because it is related to its existence and overall growth.
Generally, all business organizations face Intellectual Property cases in their course of development. Therefore, companies can hire an expert intellectual property lawyer to take care of all these frustrating issues and let the business flourish naturally. Have a look at some ways intellectual property lawyers can defend your property:
1. Copyrights
A copyright is a statutory right that is given to the original creators of work, art, technology, a new invention, etc. Copyright protection is associated with books, movies, music, websites, medicines, logos, brands, etc. Both, published and unpublished assignments are covered under copyrights. Generally, a copyright is extended for the creator’s life and 70 years after his/her death in most of the cases. If you want to pursue a civil infringement lawsuit, you must register his/her copyright prior to the alleged act of infringement.
2. Trademarks
In general, a trademark is a symbol, phrase or design, etc, which help people to identify the brand of a company. Registration for trademarks is managed through the patent and trademark office in India. If your trademark is approved, the registration remains in force for 10-year periods. After that, you can apply for its extension.
3. Trade Secrets
The trade secret is also covered by the intellectual property law. As a matter of fact, a trade secret is the specific technical knowledge that business organizations protect with the highest caution on account of the benefits they give.
One must keep in mind that trade secret protection does not expire after a specific duration, but it only protects against unauthorized usage and disclosure while safeguarding it from unauthorized 3rd parties. If a trade secret is misused, courts can pronounce judgments awarding compensation for damages, court costs, legitimate attorney fees and even a royalty (in some cases) to the secret holder.
Although you can file these type of cases yourself, it is not recommended even a little bit because it involves the complex explanation of the law. An experienced intellectual property lawyer can help you deal with these types of issues easily and enforce the intellectual property rights fully.
4. Technology Law
It doesn’t matter whether you run a startup company or an established business, you need innovative technology to advance your business. Take the help of corporate lawyers to manage your drafting needs, including commerce agreements, terms of use agreements, and privacy policies. It keeps you away from intellectual property infringement cases and you will be able to focus your attention on core business activities.
5. Disputes over Domain Name
There are different domains used by online business owners. Due to a higher number of applications for domain registration, disputes over domain names flourish from time-to-time. You can solve the domain name dispute by consulting the rival party and holding dialogue with him/her. If you are unable to solve disputes through bilateral communication, then you can go for legal routes.
Final words:
Protection of intellectual property rights is essential if you want to excel in the business. An experienced corporate lawyer can help you get rid of all these trifle issues and operate your business smoothly.
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