At Legatech, we revere innovation and originality. Therefore, when we forayed into the Intellectual Property (IP) Services domain, we had a clear vision of providing end-to-end, world-class IP solutions to our clients using our knowledge of the WIPO (World Intellectual Property Organization) standards and technological advances which allow us to stay abreast with every development within the IP industry. With our recent progression into LPO 3.0, we are now one among the global leaders in IP services.
Following is a comprehensive list of our strategic IP services:
1. Innovation Protection:
Protecting innovative inventions and research works is critical in ensuring that the creators receive all the credit for their brainchild. While this process can be tedious, we approach it in a methodical manner to achieve maximum efficiency.
Our approach:
With this systematic approach, we ensure maximum security for the innovative ideas of our clients.
2. IP acquisition:
In these days where innovation rules the roost, acquiring Intellectual Property has its share of risks. Due to the high importance attached to IP, acquiring it in any form requires thorough examination and research. We help our clients avert the risk of being labeled as a Non Practicing Entity (NPE) by conducting an elaborate and detailed research on every relevant invention. Our IP acquisition services range from examining files related to patents, trademarks, copyrights etc. to ensuring that there are no possibilities of patent trolling.
We also perform Ex parte and Inter parties patent re-examination based on a request filed by an inventor accompanied by the submission of prior art. Using our process-oriented approach, we assist clients at an early stage of or during litigation or when there is a potential litigation lurking around the corner.
Our approach:
A detailed examination through these phases ensures that both the buyer and seller of IP are safe.
3. Portfolio Management:
Innovation is now a necessity for every business, big or small. However, before translating innovative ideas into Intellectual Property with utmost security, a detailed research of economic viability of the idea and the associated risks is necessary. We help our clients understand the strategic value of their IP with respect to the market and the respective industry. While underperforming ideas can be canned, they can also be enhanced to appeal to a wider market. Hence, we help our clients in enhancing such patents or lowering maintenance costs by selling or canning these patents.
Our approach:
We realize that the economic feasibility of an idea is crucial in making it a success. Hence, we help our clients to comprehend the market standing of the idea and also help them in reducing the costs involved in maintaining these ideas.
4. IP enforcement:
Securing IP is a relatively easier task compared to enforcing the acquired IP rights. However, our IP enforcement team has an extensive knowledge of various IP enforcement laws and conventions such as the IP Enforcement Directive of the European Union, IPE (Intellectual Property Enforcement) wing of the US Department of State & the ‘Building respect for IP’ initiative of WIPO. Based on this knowledge, we monitor various social media for any potential infringements and help our clients receive due credit for their ideas.
Our approach:
5. IP Monetization:
Securing IP rights for an idea alone does not guarantee financial success. So, how does one make big bucks using an idea? This is where we step in. First, our expert IP team helps you assess the real value of your idea in the respective industry based on expert opinions and current market trends. After evaluating the idea, we use our elaborate risk analysis techniques to measure the pros and cons of marketing the idea. If the risks involved are negligible, we help our clients monetize their ideas by helping them sell licenses.
Our approach:
Every business needs assistance in making the proper decisions with respect to its IP. Our range of end-to-end IP services assist our clients in every step beginning from securing their IP rights to generating value from their ideas.
6. IP Litigation:
Like all courtroom wars, IP litigations too can get ugly due to the innumerable complications involved. Moreover, with every country drafting different laws for IP, IPR is a complex web of volatile rules and laws. Anyone with sufficient knowledge of the law can use practices such as patent trolling to claim IP rights. Such litigations are notoriously time-consuming and can also cause you to part with your money and IP if you are unaware of the proper countermeasure. With our IP Litigation team, we assist several clients in lowering NPE risks, performing patent re-examination and devising the perfect strategy to fight IP litigations based on national and international laws. We have also assisted our clients in ending disputes through settlements and mediation when necessary.
Our approach:
From acquiring IP rights to securing them in case of IP litigations, we assist you with our team of versatile, innovative professionals in every task pertaining to IP in a cost-effective manner.
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