Knowing yourself is the beginning of all wisdom
We can perform IP audits, where we spend time with you and consider how specific IP issues may apply to your business.
The UKIPO offers part-funding for IP audits to the value of £3000 inclusive of VAT, via its partners Scottish Enterprise and Innovate UK EDGE. We work with this scheme, as well as offering a comprehensive range of auditing and due diligence services.
Through an IP audit, we spend time with you and consider how specific IP issues may apply to your business. The report contains actionable insights and practical guidance.
Applications for the funding should be directed through the UKIPO’s partners in England, Wales or Scotland. The audit will include preparation work, a meeting or a visit to your premises and a report with action points covering:
Patents
Identification of existing patents, review of potentially patentable innovations, basic investigation regarding patent infringement.
Trade Marks
Identification of existing trade marks, advice on ensuring trade marks are free to use before being introduced, identification of possible infringement of third party rights.
Designs
Identification of existing rights, advice on protection through Design Right and/or Community Design Right, identification of possible infringement of third party rights.
Copyright
Identification of copyright works (for example, databases, websites, marketing/promotional material), advice on ownership of copyright, procedure for establishing date of creation, copyright indicators on protectable works, and database rights.
IP Management
Advice on confidentiality (non-disclosure) agreements, trade secrets, know-how, employee agreements, IP policy governance, licensing; and evaluation of IP policy including registration, renewal systems, monitoring/watching services, enforcement and international filing strategies.
Other Auditing and Due Diligence Services
We also offer independent IP audit services that cover each of these aspects in greater detail, as well as due diligence work to support investment or valuation projects, on either side of the table.
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