Our services are still available during the lockdown, see our coronavirus updates

Manchester & London Solicitors

[language-switcher]
Menu

Top 6 Tips for Intellectual Property Protection

Intellectual Property (IP) is one of many crucial legal considerations for start-ups. While a lot of small companies are able to create IP soon after start up, many do not take necessary measures to protect their ideas.

As IP is broadly defined, there is considerable room for mistakes and oversights. You need to systematically protect your creations:

1. Educate yourself 

Even though it is advisable to leave the big decisions to a professional adviser, learn about the IP basics like patents, trademarks, copyrights and trade secrets. Get familiar with the UK patent office website, this can help in assisting finding out about the submission requirements and what patents are pending, as well as the Unified patent for EU companies.

2. Protect yourself

As well as protecting your own IP rights, you need to be careful that you are not infringing anyone else’s. When developing new products, ensure other businesses are not seeking to registry a patent that would mean you can no longer complete the product. If the rights are not secure, your business should act quickly.

3. Keep sensitive information secret 

Sometimes, trade-secret protection is the least expensive, but most important, protection for a small business. You should learn about ways to identify and keep confidential your new business’ most sensitive information.

4. Seek professional advice

As IP is a large area, it is common for businesses to use an IP expert to discuss issues and legalese you may not understand. Areas you may not have previously been aware of, can be brought to clarity with useful advice. 

5. Read the contract and understand it 

Many contracts will affect your business, such as hiring advertising agencies, website developers, computer programmers, design engineers and consultants. Due to this complex network of contracts, full understanding of all of them and contract drafting of further contracts is a must.

6. Use non-disclosure agreements (NDA) 

NDA’s will allow you to contractually obligate signatories to refrain from disclosing confidential information without the disclosing party’s expressed consent.

Call our experienced solicitors in Manchester 0161 820 8888 or call 0208 889 8888 for our solicitors in London. We will happily provide a free 30-minute consultation on your matter. Give us a call today!

Share

Share on facebook
Share on google
Share on twitter
Share on linkedin

Contact Us Today

Accredited by
Members of
Monarch Solicitors Brand Stripes

Contact Us

If you need legal advice, call our expert solicitors or fill in our enquiry form and we will get back to you as soon as possible.

Request a call back

Please provide us with your details and we will call you back.

Free Case Evaluation

Get Legal Advice today