As leaders in Maryland Intellectual Property law, we have over fifty years of combined experience. Our experience covers a broad spectrum and we strive to continually exceed our clients’ expectations. If you are starting a new business venture (brick/mortar or e-commerce) or entering into a business partnership, it is wise to consult with an attorney to assist you in protecting any intangible property you currently own or may create in the future. To schedule a complimentary phone or in person consultation, call Jan I. Berlage at 410-752-1261 or David L. Hankey at 410-752-9300 and have your questions answered today.

IP Strategy and Due Diligence

Most of us are familiar with the expression, “An ounce of prevention is worth a pound of cure.” The lesson behind this expression is not only relevant to health, but many other areas as well. We can readily apply this theory to IP strategy. A few examples just to illuminate this a bit more... Wouldn’t you rather take steps to prevent competitors from infringing upon your copyrights and other intellectual property than have to spend time and money prosecuting infringements? Wouldn’t it be more logical to deter employees from sharing trade secrets than have to deal with prosecution and the loss of IP value after the fact? Doesn’t it make sense to verify that you are not violating anybody else’s intellectual property before starting a new marketing or advertising campaign? While instances of infringements and violations can occur even in the wake of thorough due diligence and planning, it is nonetheless an invaluable step to take in order to protect your business’ intellectual property from being violated and to prevent having lawsuits brought against you for infringement and misuse of others’ intangible assets. Planning and executing a long term strategy for your IP can also enable you to maximize profits, liquidate unuseful assets, and gain an edge on your competitors.

 

We focus on performing sound due diligence checks and aim to assist our clients in the planning and execution of smart and effective IP strategies. We start by taking a thorough inventory of all your current and in-progress intellectual assets and make recommendations on a plan of action to follow in order to ensure you get the most benefit from your assets and properly protect them. We also routinely check to make sure our clients are not infringing or violating anyone else’s copyrights, trademarks, or other intellectual property. Our clients are often also concerned about maintaining trade secrets and best practices within their own organizations and we can assist in preparing non-compete, non-solicitation, and confidentiality agreements as well. Trust our experienced and knowledgeable attorneys to guide you through the process of enhancing and protecting your copyrights, trademarks, trade secrets, and patents. Call David L. Hankey at 410-752-9300 or Jan I. Berlage at 410-752-1261 to schedule a consultation and have your questions answered today.





 

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