Intellectual Property and Licensing Specialist intellectual property and licensing solicitors in Milton Keynes

Intellectual property can be licensed in or licensed out, meaning that as a business, you can either pay to use someone else’s intellectual property under licence or you can grant a licence to someone else to use intellectual property that you own.

At Heald Solicitors in Milton Keynes, we work with businesses to identify and licence intellectual property, allowing organisations to both protect and profit from developments they have made and helping businesses bring in the software and other intellectual property that they need.

Understanding your intellectual property rights

Intellectual property encompasses a broad spectrum of rights including patents, copyrights, trademarks, design rights, database rights, trade secrets and know-how. Intellectual property is a vital business asset and it is advisable that businesses define the extent of their ownership and understand exactly what they are prepared to licence to others.

Negotiating intellectual property licence terms

Our commercial team can negotiate intellectual property licences on your behalf, ensuring that the terms of any agreement are clearly expressed and that your business rights are adequately protected.

We have a strong commercial focus and will advise you on the benefits of a licence to ensure that you fully understand the implications. We can also explain your options in respect of pricing structures such as royalties or licence fees and ensure that the agreement contains adequate indemnities, warranties and enforcement powers.