01. DO I REALLY NEED AN IP LAWYER?

Consulting an intellectual property lawyer is critical for entrepreneurs and well-established businesses. โ€œYour strategy needs to be creative and flexible,โ€ says John Palfrey, the author of Intellectual Property Strategy. โ€œSometimes the best thing to do is to protect your IP rights very rigorously. Other times it may make sense to give something away.โ€

02. PATENTS, COPYRIGHTS, TRADEMARKS, TRADE SECRETSโ€”WHAT DO I NEED AND WHEN?

Simply put, patents protect inventions, copyrights protect creative works, trademarks are a word or symbol associated with a company or product, and a trade secret is information not privy to the public that provides a competitive edge.

03. WHAT IS YOUR BACKGROUND?

โ€œHaving a lawyer with knowledge of your field can be extremely helpful in framing your applications successfully,โ€ Palfrey says. But if your attorneyโ€™s area of expertise is too narrow, that can lead to conflicts of interest, according to Frank Bernstein, an IP attorney at Kenyon & Kenyon in Silicon Valley.

04. ARE YOUR REGISTERED WITH THE USPTO?

If you are seeking a patent, or pursuing litigation regarding one, you need a lawyer who is registered with the United States Patent and Trademark Organization. โ€œTypically, to become registered, you also need a science or technology degree,โ€ says Angie Hankins, a partner specializing in IP at Stroock & Stroock & Lavan in New York.

05. HAVE YOU LITIGATED IN PATENT-HEAVY DISTRICTS?

Silicon Valley, East Texas, Delaware and New Jersey see particularly high numbers of patent applications each year, so a lawyer with experience in these districts can be essential. โ€œIt is important to know the local rules,โ€ says Megan Olesek, a Kenyon & Kenyon partner. โ€œHaving a knowledge of what the judges like and donโ€™t like is also helpful.โ€

06. I BELIEVE MY INTELLECTUAL PROPERTY HAS BEEN STOLEN. WHAT IS MY RECOURSE?

The first step is usually to inform the perpetrator that he/she/it is using your property unlawfully. A typical next step is to negotiate a license agreementโ€”if youโ€™re interested in licensing. If that process breaks down, you can file a civil lawsuit or even, under certain statutes, have the individual arrested. Of course, โ€œitโ€™s very difficult to protect rights that you havenโ€™t secured,โ€ Palfrey says.

07. HOW CAN I LEVERAGE MY BUSINESSโ€™ INTELLECTUAL PROPERTY TO ATTRACT INVESTORS?

Think of your intellectual property as an asset class. โ€œInvestors want to make sure what theyโ€™re investing in is fully protected,โ€ Hankins says.

08. CAN YOU DEFEND AGAINST PATENT TROLLS?

Non-practicing entities, or โ€œpatent trolls,โ€ base their business on acquiring patents and slapping โ€œoffendersโ€ with licensing fees and lawsuits. โ€œThis has become a much larger proportion of the IP landscape,โ€ Olesek says.

09. DO I NEED TO PURSUE INTERNATIONAL PROTECTION?

โ€œItโ€™s crucial to ask this at the beginning of the process, because it can add a lot of cost and complexity to the equation, but is also incredibly important,โ€ says Palfrey.

10. DO YOU HAVE EXPERIENCE FILING BEFORE THE INTERNATIONAL TRADE COMMISSION?

Businesses or individuals with their IP protected in the U.S. can file a complaint with the ITC. โ€œIf you believe an international product is infringing on your patent, one remedy is to stop those items at the border,โ€ Olesek says.

For more information, contact: John Palfrey, jpalfrey@law.harvard.edu, 617.496.5243; Frank Bernstein, Kenyon & Kenyon, fbernstein@kenyon.com, 408.975.7988; Angie Hankins, Stroock & Stroock & Lavan, ahankins@stroock.com, 212.806.5580; Megan Olesek, Kenyon & Kenyon, molesek@kenyon.com, 408.975.7952.

Question 4 originally incorrectly stated โ€œIf you are seeking a patent or trademark, or pursuing litigation regarding either, you need a lawyer who is registered with the United States Patent and Trademark Organization.โ€ Registration with the USPTO is only required for patent litigation, not trademarks. A correction has been made.