Intellectual Property Audits
Intellectual Property Audit Services
Intangible intellectual property rights (patents, trademarks, copyrights, trade secrets, trade dress, rights of publicity, etc.) can be some of the most valuable properties a company has. Companies that understand what rights they have and make sure that these rights are enforceable and properly protected obtain a distinct competitive advantage over those companies that do not.
As part of our intellectual property practice, the lawyers at Houston Harbaugh, P.C., conduct intellectual property audits on behalf of their clients in which they evaluate a company’s intellectual property and recommend ways to maintain and expand those rights.
What Is Covered By an Intellectual Property Audit
As part of this IP audit, we review a company’s IP portfolio to determine what protectable property rights exist, whether those rights are currently protected and enforceable, and what steps the company should take going forward, either to maintain those rights or expand them. Our attorneys recognize that there can be a balance between the costs to obtain and maintain these IP rights and the competitive advantages these rights confer. So, we help companies to prioritize these issues to strike the appropriate balance.
IP audits can be as narrow or as broad as the client desires. We can conduct focused audits on particular aspects of a company’s IP portfolio, such as determining whether patent and trademark rights are up-to-date and whether the company has secured the proper ownership or licensing rights. Or, we can conduct comprehensive IP audits, in which we work with a company to explore its entire business and review all of the associated intellectual property rights. We can identify deficiencies in the IP portfolio and possible points of legal exposure for the company to assess. We can then recommend steps the company can take to strengthen and expand its portfolio.
Contact Our Pennsylvania Intellectual Property Lawyers Today
Our Pittsburgh intellectual property attorneys help clients navigate intellectual property and other business litigation by providing them with the knowledge and information needed to make informed decisions. For more information, call 412-281-5060 or send our intellectual property attorneys an e-mail by completing the contact form on this website.
