Licensing of intellectual property rights is often necessary to commercially exploit a patented idea and can also include assignment of trademarks, service marks, trade dress, trade secrets and copyrights.
Licensing options, however, are practically limitless and the licensing process is filled with perils. Our expertise in the law and solid understanding of the underlying technology allows us to quickly develop mutually beneficial agreements that foster long term relationships between licensees and licensors.
To obtain full value for their intellectual property, clients regularly rely on The Farrell Law Firm to develop and formalize their intellectual property agreements, and to review their research and development agreements, software agreements, consulting agreements and nondisclosure agreements. In addition, The Farrell Law Firm enforces breach of contract and violation of intellectual property rights (see Litigation).