Most companies have some type of intellectual property (IP), be it patents, trademarks, or copyrights. A Georgia licensing and infringement lawyer can help you draft agreements that set boundaries for the use of your intellectual property.
At Sparks Law, our seasoned intellectual property attorneys can also litigate disputes concerning IP infringement. Get in touch with our firm to learn more about the premium services we offer regarding the protection of your creative property.
Licenses and licensing agreements grant a person or business permission to use a particular piece of intellectual property without infringing on the original owner’s rights. However, different types of licenses are required depending on whether something is trademarked, service marked, copyrighted, or patented. Each of these protections is meant for unique intellectual properties, all with distinct uses and functions.
A trademark is a word, symbol, phrase, or other similar design that legally distinguishes a company that sells a product from other businesses. Service marks fulfill the same role for companies that sell services.
A copyright preserves private ownership of a unique creation like a novel or computer program. Finally, patents protect the unique method of construction for a physical product. A knowledgeable lawyer can help you prevent infringement by creating separate licensing agreements for your unique intellectual properties.
The terms of a licensing agreement can vary significantly depending on the type of intellectual property involved and how the licensee intends to use it. Many contracts grant the licensee the exclusive right to use trademarked, copyrighted, or patented property within a specific geographic area. Others might grant multiple licensees the right to act as subsidiaries of the property’s legal owner. Licensing contracts also typically include non-compete and non-disclosure clauses.
In exchange for your permission to use the IP, the licensee generally pays royalties to your company as a percentage of sales or a flat rate per month. You can also require the licensee to provide regular reports about their sales. A Georgia attorney can help you draft a comprehensive licensing agreement that protects your intellectual property rights. Conversely, if you are a licensee, our lawyers can review the terms of your contract to help you understand what you are and are not permitted to do with the properties.
There are many ways an individual or entity could infringe upon someone else’s IP rights, so it is beneficial to talk to a licensing agreement lawyer about the corporate laws governing these issues. Informing yourself of relevant laws can keep you from making a simple mistake that could result in contentious litigation. Here are a few situations that could lead to an infringement dispute if not handled properly:
If you think you may be in a situation that could lead to an infringement-related dispute, you should retain a lawyer a soon as possible.
Enforcing an intellectual property license does not always have to involve a court hearing. In fact, it is often in the best interests of everyone involved to resolve these matters privately and without a great deal of public attention. In many cases, a formal demand letter is sufficient to put a stop to license infringement.
Qualified legal counsel can also help facilitate a mediation session, in which a neutral third party guides everyone toward a resolution. However, if these measures fail, a Georgia licensing and infringement lawyer can provide essential guidance and support throughout the process of filing a lawsuit.