Intellectual Property (IP) refers to creations of the intellect for which a monopoly is assigned to designated owners by law. Intellectual Property Rights (IPRs) are the protections granted to the creators of IP and include Trademarks, Copyright, Patents, Industrial Design Rights, and even trade secrets. Artistic works including music and literature, as well as discoveries, inventions, words, phrases, symbols, and designs, can all be protected as intellectual property. IP protection is critical to fostering innovation. Without the protection of ideas, businesses and individuals would not reap the full benefits of their inventions and would focus less on research and development. Similarly, artists would not be fully compensated for their creations and cultural vitality would suffer as a result. Infringement of intellectual property is a greater and more legitimate danger in today’s climate where scammers and imposters are lurking behind computer screens. Luckily, there are strong legal remedies available to mitigate this damage, and being of the leading intellectual Property lawyers we have obtained various reliefs from the Courts in the shape of stay-orders/injections, damages, and even revocation of the IP. We’ve successfully represented our clients before the Intellectual Property Tribunal (IPT) as well as before the High Courts in various IP matters.
It is important to highlight that the main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goods for consumers. To achieve this, the law gives people and businesses property rights to the information and intellectual goods they create, usually for a limited period of time. Because they can then profit from them, this gives an economic incentive for their creation. The intangible nature of intellectual property presents difficulties when compared with traditional property like land or goods. Unlike traditional property, intellectual property is indivisible – an unlimited number of people can “consume” an intellectual good without it being depleted.
Being one of the leading intellectual Property law firms of Pakistan, we offer various services in the field of Intellectual Property including but not limited to:-
– Trademark Dispute Resolution
– Trademark Registration & Protection
– Copyright Dispute Resolution
– Copyright Registration & Protection
– Brand Protection
– Licensing Agreements of Trademarks/Copyright etc
– Patent Litigation
– Unfair Competition Litigation