IP Audit Services
Request a Quote"If you don't measure it, you can't manage it" is a very apt saying and explains the entire intent of this service vertical. Intellectual Property and the laws regulating it have undergone sweeping change in the last few years. Considering the value and power of Intellectual Property, too much is at stake to ignore the promotion, protection and commercialisation of such valuable property and ignorance of laws in any manner can lead to legal disputes. It is not surprising that infringement lawsuits are proliferating. It thus becomes mandatory for any organization to protect and safe guard it's Intellectual Property. In order to do so it is imperative for the companies to understand as to what rights the organization owns, whether the organization is protecting its right properly, is the mode of protection adequate, whether it has proper procedure to determine what rights it should be registering, whether it has a system to minimize the risk of infringing third party rights, evaluation of contractual term for the right assigned or used under license, how trade secrets are protected from employees, should the organization develop back up 'mark', how big should be the inventory of trademark and such other important issues. An IP Audit is defined as a systematic review of the IP owned, used or acquired by a business. Its purpose is to uncover under-utilized assets, to identify any threats to a company's bottom line, and to enable business strategists to devise informed strategies that will maintain and improve the company's market share and brand equity.