Our business risk management service is designed to look at the risks to your business for patent and trademark infringement.
Patent infringement risks to your business arise when you introduce a new product or service to the marketplace. Before you do so, it is best to review the patent landscape so that the risks associated with launching a new product to your business can be assessed.
Not only do we assess the risks to your business for patent infringement, but we also advise you on how to mitigate or manage such risks. The risk management of patent infringement may include actions such as review of a particular patent and advising you how you might avoid infringement or the purchase of patent infringement insurance.
Trademark infringement risks to your business arise when you adopt and use a new trademark. Millions of trademarks exist in the United States. You need to manage the risk by avoiding trademark infringement.
A first step in the management of trademark infringement risks is to conduct a trademark search. If senior registered marks are found, we advise you on how to modify your marks to mitigate trademark infringement. Alternatively, you may have to switch to a different mark.
The benefit of managing these risks upfront before you launch your product or adopt a new trademark is that you avoid having to change your product or trademark after you spend a great deal of time and money and time.