Technological advancement and globalization have led to many significant changes in legal and statutory regulations over the years. As a result, compliance and legal risks for businesses have dramatically increased, especially in the area of intellectual property rights that need to be managed more stringently than ever before.
Law Offices of Douglas Kortrey LLC works with businesses of all sizes to assist in handling intellectual property (IP) related matters. We combine our deep knowledge base with extensive experience in state, federal, and international legislation to provide cross-jurisdiction advice covering your legal bases.
Outbound licensing is the process of providing to another party to use a company’s IP, technology, or content for use or distribution. Businesses with innovative technology, recognizable brands, or valuable content often want to grow and expand the potential of their IP through granting access for use and distribution to other parties, and maximizing return on investment in the process. However, achieving this goal may require a business to divert its attention from its core activities and enter partnerships.
At Law Offices of Douglas Kortrey LLC, we work with you to help identify and evaluate potential transactions that can effectively deploy your IP, and present you with new revenue opportunities and improve your goodwill. Using our deep understanding of legal issues and broad industry experience, we assist clients in identifying risks and opportunities in their IP licensing related decisions. We develop innovative legal solutions and draft and negotiate agreements that help clients seamlessly execute their partnerships with other businesses, while preserving their flexibility and securing their property and rights.
Inbound licensing is the process of acquiring the access to IP, technology or content for use or distribution from its original owner. The R&D costs for developing new technologies, processes, branded properties, or content are huge which many companies look to avoid. Due to this, business owners enter licensing agreements to leverage existing third party IP.
Our principal legal consultant provides negotiation assistance with licensors, and provides skilled counsel so that the licensing agreements have beneficial terms and conditions for both parties. This enables you to close deals on a positive note, allowing you to establish a strong business relationship, while ensuring that all rights necessary for supporting your goals are secured.
Whether you are a startup or industry leader, our firm will bring its knowledge and experience to the table to craft a tailored, innovative solution that befits your specific needs. We have represented both licensees and licensors, and drafted and executed agreements, ensuring long-term, sustainable business relationships. Contact Law Offices of Douglas Kortrey LLC today at (973) 435-7040 to schedule an initial consultation to evaluate your options.
