Are currently tackling an intellectual property (IP) dispute and are worried about the potential legal fees involved? If so, you might want to consider one of our convenient payment plans to help alleviate your cost burden. At Legal Cost Finance, we firmly believe that no one should have to face a legal case without the representation they require. Intellectual property disputes can be taxing both financially and emotionally, so if you want impartial advice on the matter then contact our team of experts today on 020 3376 1888. Start a payment plan with Legal Cost Finance and get the cover you need for your intellectual property dispute.
Which payment plan is right for my intellectual property dispute?
You could be about to approach your intellectual property dispute without the assets to fund a legal case. Intellectual property disputes can often be lengthy legal processes involving substantial costs, so if you don’t own the assets to back it up, you might not be able to best challenge in the court of law. What you need is a payment plan that can give you access to an easily repayable legal loan. We offer exactly that.
Take our LawPlan Classic payment solution for example; it is based on an unsecured loan facility of up to £25,000, which is procured by a specialist FCA regulated credit broker. It gives individuals like yourself access to a legal loan that allows them to get the legal representation they require. If you don’t own significant assets, LawPlan Classic represents the best option for accessing an easily repayable legal loan. Call our finance experts on 020 3376 1888 for more details on our other payment plans.
What is intellectual property?
Intellectual property includes inventions, literary and artistic works, designs and symbols, as well as names and images used in commerce. It is your idea made reality and should be protected as such.
Protecting your intellectual property
Being proactive in protecting your intellectual property is the first step in making it easier to take action against anyone who steals or copies it. Failing to protect your intellectual property can leave you in a position where you can’t legally defend its duplication. Here are a few common examples of intellectual property protection:
Automatic protection for intellectual property is protection that you don’t have to actively apply for. This includes copyright, which protects your work and prevents its use by third parties without your permission. Copyright protection is automatically given to anyone who creates:
- Original artistic work; literature, drama, music, illustration, photography, etc.
- Original non-literary written work, including software, web content and databases
- Recordings of sound and music
- Film and television recordings
The other form of automatic protection is known as ‘design right’, which ensures 10 years’ worth of protection for a design after it was first sold (or for 15 years after it was created, whichever comes first). You can use this automatic protection to stop someone blatantly copying your design. It also applies to the shape and configuration of different objects within the design; how they’re arranged together for example.
Applied for protection
Other forms of intellectual property protection need to be actively applied for. These include trade marks, registered designs and patents. What is essential in applying for these forms of protection is keeping your intellectual property hidden from prying eyes. If your idea or product or whatever it may be is exposed to and emulated by another member of the public BEFORE you apply for protection, then legally you don’t really have a leg to stand on. What you should do if you absolutely need to discuss your idea with someone, is use a non-disclosure agreement.
You should also be aware that you aren’t limited to only one form of intellectual property protection for your product; in fact using more than one form of protection can give you better cover. For example, you can register the name of a product and its logo as a trademark. Or you can protect a product’s unique shape as a registered design.
Getting help with IP protection
If you require help with any aspect of intellectual property protection, you’ll be glad to learn that there are a wealth of resources available. IP Equip is a fantastic resource for anyone wondering exactly which type of protection they would need for their intellectual property. You can also turn to an IP clinic; use this guide to see if there is a clinic near you.
Protect and enforce your intellectual property without worrying about the cost.
We provide payment plans to cover your legal costs, so you or your business can get the legal support you require – without the need for large up front payments.
Your legal process can involve negotiation, litigation or alternative dispute resolution (such as arbitration or mediation).
We will connect you with a lawyer who specialises in intellectual property law and who is right for your individual circumstances. If you have already appointed a lawyer, we can still offer you a payment plan solution and will make all the necessary arrangements with your lawyer on your behalf.
How can we help?
We have a team of dedicated case managers who will guide you through your legal journey and ensure you’re not wasting money on legal costs and making the right strategic decisions.
Click here to get in touch or call 020 3376 1888