answersLogoWhite

0

When a person creates an intangible asset such as a literary work, an artistic design, or other such ideational creation, they are allowed to have intellectual property attorneys protect their creative work legally. The attorneys can do this by filing patent, copyright or trademark applications for their clients. They can also file documents of origin that protect business methods and industrial processes.

The law has recognized that the work of a person’s mind and intellect are just as much an asset to that person for monetary gain as is physical property. The protection by law of intellectual property reserves the rights of the originator to benefit from financial gains inherent within those ideational works. The rights to profit from Intellectual assets, including designs, drawings, logos, phrases and processes can be protected by intellectual property attorneys. The law protects the mind work you have put into your creation, but an idea may not be protected. Copyrights and new patents can also be established upon proof that your idea improves upon another’s work.

There is some research required to determine that an idea, design or process has not been previously patented or copyrighted. Your intellectual property attorneys will do these searches prior to filing any legal documents of protection. It is important to not infringe on someone else’s protected creative work. Plagiarism can be a problem that could end up in a lawsuit or fines.

The worth of many modern companies is based upon the rights to intellectual property that they hold, as those rights can limit production to the rights holder for profit. The concept of intellectual property is interesting, because the topic involves intangible property that cannot be held or seen in many cases. For example, early copyrights were introduced as a way to protect the financial interests of book publishers rather than those of the authors. This concept also deals with matters like unfair competition, another intangible.

Many property laws are global, and countries have worked together to establish laws and procedures for protecting intangible assets like intellectual property. Enforcement has been complex, due to the nature of legal protections in different countries, but when the General Agreement on Tariffs and Trade (GATT) agreement was passed in 1994, it strengthened global protection of intellectual property. Due to the complex nature of protection of creative work, clients should consult with intellectual property attorneys to assure that all documentation is correct and properly submitted.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

When was International Federation of Intellectual Property Attorneys created?

International Federation of Intellectual Property Attorneys was created in 1906.


What kind of experience do trademark attorneys need?

Trademark attorneys will need to have experience working in intellectual property law. Full details of the experience needed can be found in the Patent and Trademark Attorney Qualification and Registration Regulations.


What is the difference between intellectual property rights and intellectual property law?

Intellectual property law defines intellectual property rights.


What area of expertise will a lawyer make the most money?

Entertainment attorneys probably make the most money, their field of practice is usually Intellectual Property. An exception might be defense attorneys who represent wealth individuals. The vast majority of defense attorneys do not earn enormous sums of money.


Intellectual Property Attorney?

Intellectual Property Attorney


Is there a type of lawyer that has to deal with literature and historical issues?

Attorneys who handle issues such as copyright issues are Intellectual Property litigators. Sorry, but it is not clear on what is meant by historical issues.


Where could one find attorneys for a breach of intellectual property copyright?

First of all, a breach of intellectual property copyright has to be handled with discretion. A good attorney should either be ones friend, or be found from far away. Search websites like LegalMatch for lawyers who are willing to help in such cases.


Deference between Intellectual property and intellectual property right?

Intellectual property rights is the legal right to property owned by a content creator, and often protected through the use of a trademark or copyright. This content is the creator's intellectual property.


What has the author Russell L Parr written?

Russell L. Parr has written: 'Valuation of Intellectual Property and Intangible Assets, 2001 Supplement (Intellectual Property-General, Law, Accounting & Finance, Management, Licensing, Special Topics)' 'Valuation of Intellectual Property and Intangible Assets' 'Valuation of Intellectual Property and Intangible Assets, 1997 Cumulative Supplement' 'Intellectual Property' 'Intellectual Property Infringement Damages (Intellectual Property S.)'


Why intellectual property intangible?

Intellectual property refers to ideas, which have no physical form.


When was Intellectual Property Watch created?

Intellectual Property Watch was created in 2004.


When was Intellectual Property - film - created?

Intellectual Property - film - was created in 2006.