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Exploitation and licensing covers the use, licensing and monetisation of intellectual property rights, including patents, trademarks, designs and copyright, plus related technologies and know-how. A solicitor in this area drafts, negotiates and reviews licences, while addressing issues such as exclusivity, territory, field of use, sublicensing, royalties and payment terms. They also handle due diligence, assignments, registrations, and enforcement or dispute resolution when rights are infringed or contractual terms are breached, to protect a client’s commercial interests and revenue streams.
The agreements define who may use IP, for what purposes, and on what terms; the solicitor explains implications of exclusivity, territory, field of use and royalties, and negotiates to balance risk and opportunity. They draft, review and negotiate licences, conduct IP ownership checks, manage assignments and registrations, and handle enforcement steps such as infringement actions or contract disputes.
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