Because IP rights may, among others, be licensed, assigned, acquired, or given away, it is important that the related contracts are negotiated and entered into in due time. Furthermore, by using contractors, consultants, or other third parties as well as employees when developing IP rights, it is essential to enter into a contract with these persons or companies before work is started. This should start with a confidentiality agreement related to the possible project. Licensing is critical to commercializing IP as IP rights have a great economic value.
All these agreements should be clearly formulated and take into consideration the legislation of the countries involved. Consequently, it is essential to get expert legal advice before concluding a legally binding agreement involving IP, no matter how simple it seems.
Da Vinci Partners LLC is the right choice when you need expert advice on how to contractually protect your IP rights worldwide, and in particular in the USA, in Switzerland and in Europe.