Intellectual Property Due Diligence & Audits
Identify IP
Our specialist intellectual property rights lawyers, we are well equipped to analyse and report to businesses on the status intellectual property within the company, to identify ownership and prepare due diligence reports prior to business acquisitions, joint ventures, capital investment, and research and development. Target companies which develop high technology equipment and services or where the business of the trade relies on recognised brand names, intellectual property assets are of paramount importance. Companies would be well-advised to analyse these assets to ensure it owns and/or as the case may be properly licenses intellectual property rights. This is due to ownership of intellectual property rights forming such a large part of the value of modern businesses.
Identification of and inventories of intellectual property facilitates:
- executive assessment of market opportunities;
- mid and long-term planning;
- making the most of research, development and market knowledge. Latent assets in a business deprive business of market opportunities.
Secure the value
Our streamlined auditing methodology aims to identify valuable intellectual property assets, to enhance corporate value, to build on existing revenue streams and realise the potential of new opportunities.
Preserve IP
Depending on requirements and objectives, we are able to:
- find hidden assets in the business and analyse the relatives strengths and weakness;
- isolate processes resulting in inadvertent loss of rights which are better preserved for exploitation;
- reduce inadvertent leakage and loss of intellectual property rights;
- assess strength of intellectual property rights in respect to key markets and untapped markets;
- reduce or eliminate the surface-area of risk for infringement;
- assess the existence and extent of infringements and propose in-house programmes to rectify infringements;
- review products and services and assess whether use of third party rights expose the business to unsatisfactory risk of infringement and/or breach of contract or licences;
- propose monitoring programmes for in-house counsel;
- improve book value in anticipation of disposal; and
- recognise potentially registrable intellectual property rights to preserve IP monopolies in chosen markets.
The types of intangible assets we are able to analyse are patents, trade marks, goodwill (in the intellectual property sense), domain, company & business names, copyright, confidential information including business processes and inventions, designs, circuit layouts and plant breeders’ rights. We do so to identify ownership of intellectual property rights and whether the use of those rights is lawful. From there, companies are in a far superior position to make informed business decisions in respect to the next steps to be taken.
Intellectual Property Due Diligence & Audits
Our specialist intellectual property solicitors & lawyers have assisted international organisations identify, report on, consolidate and license intellectual property rights existing in products and services, and published articles on managing IP business risk which have appeared in intellectual property and licensing publications with international distribution.
Structured identification enables minds to focus on opportunities. We are able to assist you to take the necessary steps to optimise your position to maximise the protections available, secure valuable assets, generate new revenue streams through controlled structured licensing regimes and assist uncovering intellectual property theft.
Contact our solicitors directly for assistance to identify, secure and protect IP, and for intellectual property due diligence and audits.
London Business Solicitors & Lawyers
Our Solicitors in London assist businesses in the UK and internationally to create options, achieve realistic and attainable goals, and providing guidance to assist decision-making in a commercial context.
For more information, legal advice or to find out more about the legal services we provide, call 020 7353 1770 or contact us online.