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Intellectual Property News September 2008

For many businesses their intellectual property is their chief business asset. The key to protecting this asset is:

• Performing an initial audit of your intellectual property. Identify what you have and keep a record of the details of that property. You need to identify:
1. special marks/logos/words relating to products and services [“trademarks”]
2. names of products, businesses/services you provide [“business names”]
3. designs and unique configurations [“designs” and “patents”]
• Register all registrable items identified.
• Consider what part of your intellectual property is “confidential” and which is not
• Consider registering trade marks and designs and patents in other countries
• Issue a “Confidentiality Agreement” to prospective employees clients and suppliers before you disclose a unique product or service
• Ensure you include a “boiler plate” confidentiality clause and intellectual property protection clause in agreements with employees,suppliers and clients
• Keep meticulous records of who has access to your “confidential” information and set up a system to control this process

Forum Law can assist you with identifying, developing and protecting you intellectual property. Call us to discuss your concerns and requirements.