Licensing your product can allow other parties to use it according to certain terms, which protects your interests in regards to the original product or information you or your company developed. An experienced intellectual property attorney can help you accurately develop and review a licensing agreement that represents the way you wish to handle your product. The Dallas licensing attorneys at Gagnon, Peacock & Vereeke, P.C., understand the nuances of intellectual property law and can help you construct the licensing agreement that is best for your situation.
The Four Steps of Licensing Agreements
Creating a licensing agreement of any kind involves four steps that should be overseen by an attorney. These steps include:
- Negotiation: decisions made on the most accurate and favorable language within the agreement
- Preparation: formatting and drafting the licensing agreement
- Protection: ensuring the security of your business is the first and foremost goal in a licensing agreement
- Enforcement: if the agreement becomes the subject of a legal case, the language within it will hold up through litigation and trial
All of these aspects of a licensing agreement involve close inspection and meticulous attention to the accurate legal language within the document. If your business believes that licensing would benefit the future of your business or product, the advice and guidance of an experienced licensing lawyer could be critical over the duration of the process.
Contact a Dallas Intellectual Property Lawyer
Your business should not be compromised in your search for legal protection. The licensing attorneys at Gagnon, Peacock & Vereeke, P.C., are dedicated to protecting business’ intellectual property rights through nuanced and accurate licensing agreements. For more information on licensing agreements or any other type of intellectual property, call our Dallas offices today at (214) 824-1414.