Unauthorized use of your intellectual property is a serious matter, and you need to resolve that quickly in order to protect your company’s best interests. Intellectual property litigation may be necessary to accomplish that, but in order to be successful, you need to be prepared. Here, we’ll go over what you can do to get ready to pursue IP litigation.
First Consider – Do You Need to Litigate?
When facing an intellectual property violation or dispute, you should first ask yourself if litigation is truly necessary. In many cases, lawsuits are drawn out, expensive, and messy, and it can easily ruin your business relationships and drain valuable resources.
In some cases, mediation, arbitration, or even an offer of collaboration may resolve the issue to everyone’s benefit. Even a courteous cease and desist letter may end the issue straightaway without the need for a lawsuit at all.