What is intellectual property?
The legal concept of intellectual property (IP) refers to a person’s creations of the mind, for which exclusive rights of ownership have been recognised. The purpose of IP is to reward the creator, protect their rights and promote progress within society by encouraging people to continue coming up with new ideas.
Creative categories under this umbrella include:
- Inventions
- Musical, literary or artistic works
- Symbols
- Names
- Images
- Commercial designs
These concepts are protected by IP rights for a period of time, which will vary depending on the type of IP. For example, musical, literary and artistic works are typically protected for the life of the author and for 70 years after their death, while patents last for 20 years, and trademarks can last indefinitely provided the renewal fees are paid.
Protecting your business’ IP
Slater Heelis’ intellectual property solicitors will enable you to protect your business’ work by helping you navigate this complex area of law.
Almost all businesses and organisations possess intellectual property, even if it is just goodwill in the name. We can help you to understand, protect and exploit it.
Our range of services include:
- Advising on the nature of your IP
- Acquisition of IP licensing
- IP litigation