Read Here About The Intellectual Property Law Of Hong Kong

Intellectual property is the spine of any business owner, and this means various lawyers are hired to defend any company matters. The role of an Intellectual property lawyer might have changed due to the advancement in technology and computers changing the business world. This implies a heightened knowledge of these items and how they influence the company domain. 

 

Intellectual property has come from a trademark for a symbol, word, or brand. It is seen in a new process for a formerly created invention or a patent for a new unique creation. Copyright is granted for the physical expression of ideas such as manuscripts, screenplays, books, and similar items. Trade secrets maintain competitive advantages that are possible via secret recipes, modern methods of building products, processes, and other numerous matters. With the help of these, it is valid to build a business kingdom and progress throughout the whole world relying on certain factors. This implies that an Intellectual property lawyer must be employed to support the company from the beginning.

 

The most familiar Intellectual property rights are patents, trademarks, registered design, and copyright. They are independent rights that give business and products security in several ways. Patent registration encourages regional companies and creators to empower their intellectual work.

 

 Trademark registration –

 

The trademark registration is valid for ten years only. After which, the trademark renewal is done from time to time. Trademark renewal protects those rights which are only accessible to an enrolled mark. In any circumstances, the owner fails to renew the trademark, and then they shall sacrifice all the protection with registration. For example, an enrolled brand has the advantage of the legal belief of ownership. This means that the burden of evidence is on others to try and debunk your privilege.

 

Procedure of registration -

 

The proprietor has to file a prescribed form, a Trademark application for renewal, in front of the registrar. This application should be filed on or before six months from the date of the demise of the registration.

 

Suppose no renewal application has been filed one to three months before registration expiration. The registrar should notify the owner, informing him about the upcoming renewal date. Remember that no trademark can be eliminated if a renewal notice is not served. Along with the renewal application, the owner has to pay fees for the renewal purpose as prescribed. If the proprietor fails to pay the fees, it will remove the trademark from the register.

 

Duty of an Intellectual property lawyer –

 

The intellectual property lawyer is usually involved in most business agreements and may be coupled with business dealings. This implies that they may also be operating with another legitimate representative or have the double duty of maintaining transactions valid and honest and the IP protected from external sources interfering with the security in place. Whether they are alone or not, they have to keep the interests of the organization safe through shielding and assisting in lawsuits.