Intellectual Property (IP) is a primary component of any business worldwide. Irrespective of your field of trade, understanding and protecting your intellectual properties is necessary for your business to thrive. Some of the common intellectual property assets are copyright, trademark, and trade secrets.
The laws regarding intellectual property management vary across states and regions and businesses must maintain legal compliance to safeguard their interests. Hence, when it comes to IP asset management, it is always advisable to take the help of professionals who strictly adhere to all regulations while suggesting acceptable remedies.
At Shah Grossi, we have extensive experience in assisting our clients with matters like protection of trademarks, copyrights, and trade secrets, guarding against any fallacious advertising claims or unfair competition, licensure of any protected services and works and securing in-house software and source code. Our experts help clients to create, license, protect, maintain and enforce their IP rights. We also offer services pertaining to the preparation and filing of trademark and copyright applications in the US and abroad.
In addition, Shah Grossi provides services in other areas that are within the ambit of IP asset management. This includes agreements for technology and license transfer, strategic associations or alliances, drafting of confidentiality and non-disclosure agreements, contracts for marketing, and sales and distribution of related products and services. We also help businesses protect their trade secrets by the way of proper counseling, negotiation, representation and preparation of necessary policies or agreements.
What is IP Asset Management?
IP asset management is not merely applying for and getting patents and licenses or using trademarks and copyrights properly. Rather, it is the whole gamut of creating, registering, protecting, managing and enforcing the IP rights of a client.
IP asset management also includes actions like protection against any probable property theft, unfair competition, and false advertising. Proper and effective IP management allows the clients to quantify their intangible creative assets. This he to leverage their business to the maximum capacity.
Shah Grossi experts can help your business with IP asset management services that are tailored to your individual needs. We work on the following areas of Intellectual Property:
We help our clients to get their copyrights registered appropriately and obtain licenses for copyrighted works like literature, photographs, artwork, and videos. This also extends to digital media, in-house software, web designs, logos, and icons. Moreover, we assist in filing the registrations for copyright in the U.S. in compliance with the relevant laws.
We work with our clients so that they can select and have the right trademark. We also help in maintaining the required trademarks by timely preparation and filing of renewal applications and affidavits. Our experts carry out the necessary trademark searches for a smooth process.
Protection of Trade Secrets
Protecting your trade secrets from competitors is absolutely necessary. We advise our clients appropriately regarding the steps required to protect their confidential information. This includes anything that gives a competitive advantage to your business like the list of clients, internal processes, source codes, and software.
IP Licensing and Product Distribution
Shah Grossi negotiates IP asset transactions like licensing, registration and development of dedicated programs, creative content, hardware, and software. Additionally, we also advise our clients on the process of proper distribution of products, including techniques, licensing, and other related management.
IP Audit Best Practices
Audits are integral to any business being run ethically and smoothly. An IP asset audit is essential in this regard. Businesses need to be aware of the best practices regarding the same for a smooth and hassle-free process. We assist by working with the management to help them understand the following:
- What are the intellectual properties involved- both the company’s own and the ones that are being used from third party companies.
- How to protect these intellectual properties in an appropriate and legal manner.
- What is the process to ensure legal compliance regarding activities like proper display of notices of sale of the products and services?
- How to keep an eye for and detect unlawful practices and implement proper legal steps to protect the rights of the company in case of an infringement.
How Can We Help You?
Whatever stage your business is in, protecting your company’s creative knowledge and innovations is paramount for its success. Gauging your competition properly is another important factor. And to do this effectively you will require the services of an experienced professional. Shah Grossi is here to help with all your intellectual property management requirements so that your business can scale new heights.
Our expertise in this field ensures proper compliance with all the necessary local and federal laws while giving our clients the best solution for their situation. This is especially important to prevent any kind of theft of counterfeiting in this era of global business.
To learn more about our services or for a consultation, please contact us at (213) 927-6980.