IP Licensing and Monetization
When you’ve established intellectual property in Dallas or Houston, you can then distribute your intellectual property to other businesses without giving up the rights. As professional intellectual property licensing attorneys in Dallas and Houston, we help businesses navigate the licensing process to help increase profits without the loss of their intellectual property rights anywhere around the nation.
Maintaining Intellectual Property Rights While Licensing
To ensure that you are maintaining the rights to the intellectual property you own, you will want to maintain various characteristics and practice several strategies. Working with an intellectual property licensing attorney will ensure that you have all of your bases covered and will be able to rest assured that your Dallas or Houston intellectual property does not get lost during the licensing process.
Maintain Reliable Records
If a dispute arises as a result of your intellectual property or the licensing process, reliable records will help you to settle those disputes without major financial implications. In addition, there is a long term benefit to maintaining reliable licensing records. With records kept up to date with the assistance of an IP licensing attorney in Dallas or Houston, you will be able to receive more accurate appraisals of your business if you ever decide to sell and you’ll have more thorough records in case an IP litigation issue ever comes up.
Enforce Your Intellectual Property Rights
Not all businesses who infringe on your patents, trademarks, or copyrights do so intentionally. However, there is no intent required in order for an infringement to be deemed valid. With a reliable intellectual property licensing attorney in Dallas or Houston, you’ll be able to keep an eye on the market and identify any potential infringers who are unknowingly (or knowingly) using parts or all of your intellectual property in their own products or company.
Negotiate Licensing Terms
It’s not uncommon for businesses to claim that their licensing terms are non-negotiable, but successful licensing agreements will be those that are flexible. If you identify something that is vague and unclear or makes you uncertain about how the IP licensing will be used, ask questions and propose alternatives to the agreement. Moreover, our intellectual property attorneys can also evaluate the strengths of competitors’ intellectual property subject to any license agreement to better negotiate royalty terms commensurate to the actual strength of the intellectual property.
Do you have intellectual property that you own the rights to but wish to monetize it for profit or other business intentions? With our help as a professional IP licensing attorney, your Dallas, Houston or any other national-based business can go through the IP licensing process with ease. At Janik Vannikota LLP, we are your most reliable IP litigation attorneys with highly experienced licensing lawyers on board, waiting to help you with every situation you face.
To get started, give us a call at 214-390-9999 or send us a message at Janik Vinnakota LLP for all of your licensing needs.