For many Australian companies, much of the value of their enterprise rests in intellectual property (IP). This IP may be in the form of valuable brands, technologies and trade secrets, or copyright protecting the creative output of the business. Not all companies recognise this value or have systems in place to properly manage this legally complex area. They run the risk of IP being managed without the degree of care and diligence expected of directors and company officers.

Griffith Hack has over 13 years experience managing some of the largest portfolios of intellectual property in Australia. We offer professional management to ensure that:

• Intellectual property is owned according to company policies
• A clear, current, controlled and accessible register and reports of IP are available to all approved staff via a secure internet access, regardless of whether the IP was filed by Griffith Hack or other attorneys
• Paperwork is minimised
• IP related data required for due diligence of business acquisitions and divestments is easily and rapidly provided
• Product development staff are trained to recognise protectable IP
• Marketing staff are trained in the value and use of trademarks
• All staff have a single point of contact for timely responses to IP related queries, with answers tailored to the specific needs of the client
• IP activity of key competitors is monitored
• Infringements are carefully managed
• Opportunities to earn revenue from the licensing of company owned IP are recognised and initiated
• IP related expenditure is optimised via efficient processes, and an continuous review of all IP expenditure to ensure that it gives commercial value to the client

For further information please contact Mike Lloyd from the Melbourne Office

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