Articles

Which is The Best Intellectual Property Law Firm For Startups?

by Remfry Sagar Patent law firm
Intellectual property comes in various formats, including trademarks, copyrights, designs and patents. While most large businesses have created and maintain enforcement on a large intellectual property portfolio, many small or medium-sized enterprises (SMEs), particularly startups, wait too long into their development to get serious about intellectual property protection. You want to be proactive with intellectual property in the early stages of your business, but protection alone can cost a lot of money in dealing with procedures/lawyers specialised in the space. In such a scenario, it can be tempting for a startup to simply focus on growth-related opportunities and scale their business at the lowest cost possible. But this is not advisable.

It is important for small businesses to utilize intellectual property ownership and licensing at an early stage and not squander the early mover advantage to a rival. Similar to real property, the amount of "clear land" available for intellectual property depletes by the day as more people and companies file applications under various heads of intellectual property to protect their brands, inventions, ideas etc.

Owning intellectual property helps a startup protect against others using something identical or similar to their creation, brand or product, and secure long term business opportunities and goals. Without protection, one could end up spending a lot more money in defending against someone else or even rebranding, and miss out on growth opportunities.

Remfry & Sagar has nearly two centuries of experience in serving client needs across the full spectrum of intellectual property including trademarks, patents, designs, copyright, geographical indications, technology, media and telecom issues, domain name matters, and unfair competition and custom’s issues. Further, we have equal competence in serving intellectual property (IP) prosecution and IP litigation needs and the Firm is well equipped to advise startups on creating and managing IP portfolios and setting up effective IP protection and enforcement strategies.

We are also partnering with the Indian Government in a significant legal initiative to encourage startup activity and foster innovation. Attorneys at the Firm are empanelled as ‘Facilitators’ by the Controller General of Patents, Designs and Trademarks to provide legal support and assistance to ‘startups’ in filing of patent and trademark applications. This follows the Indian Government launching its ambitious Start-Up India mission in January 2016 wherein several initiatives were proposed to give startups a boost, including a "Scheme for Facilitating Start-ups Intellectual Property Protection" – implementation of this scheme includes appointing of Facilitators who will be paid directly by the government and can charge no fee from the startups.

About Remfry Sagar Junior   Patent law firm

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Joined APSense since, May 28th, 2018, From Delhi, India.

Created on Jun 27th 2018 06:55. Viewed 158 times.

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