In today’s economy, the business environment in Florida and throughout the country is as competitive as ever. But, the goals for businesses remain the same: make a profit and expand your brand. In these efforts, businesses in Florida will typically start to see that they are getting into the realm of intellectual property law.
This area of the law involves trademarks and copyrights, so that you can protect your brand. In essence, it means that another person or entity cannot use your distinct trademarks, products or slogans, for example, without your permission and probably a licensing agreement. Unfortunately, in the competitive business world, big companies oftentimes try to push out smaller companies, which can make it hard to protect your intellectual property rights.
Of course, protecting intellectual property rights is just one part of the process when it comes to these rights. Many companies find that it is profitable to share certain information with others, subject to the terms of a licensing agreement in which the original company maintains control, but allows the use of certain intellectual property. However, the terms of such an agreement must be carefully drafted to ensure compliance.
At our law firm, we do our best to help our clients in Florida to protect their intellectual property rights and take steps to maintain and enhance their profitability when it comes to these rights. Monitoring your intellectual property and licensing agreements is crucial. For more information about how our law firm might be able to help, please visit the intellectual property overview section of our website.