There is a wide range of property that you can acquire in life. According to nonprofessional’s language, property may be any procession that may have been acquired either by buying or inheritance and one, which is of value. It is not always that the property in this regard is tangible. At times, it may be something that has been invented and that means it is through labouring of the mind. This is referred to as the intellectual property. While there are rules and laws in regard to protection of such property, not all are aware of such rights. In such instances, anyone with such property may require the services of a lawyer.
How the lawyers help in protection of intellectual property
Singapore has a legislation governing intellectual property. This law is contained in the IPOS act where it stipulates various kinds of property that can be protected under this clause. It includes among others the patent, trademarks, registered designs plant varieties protection, copyright, geographical indications, and layout which is a designs if integrated circuits. It is in understanding this legislation that you can manage to secure protection for your property. This can be easily accessed through the assistance of a lawyer.
Registration of intellectual property
Unlike physical property, this is not tangible. However, there must be proof of the property in question. This may be in form of a product from ideas or inventions made. It is these samples that the lawyer will require to start registration process. In this regard, you need to find a competent lawyer who fully understands Singapore IP legislation and this way in a position to understand the legal process of registration. To do this material indicating originality of the product created through the innovation must be provided. On making your submission for registration, the lawyer fills out a request form that is sent to the registrar. This must be accompanies by an sworn affidavit on which you are require to declare to be the sole inventor of the product in question. It is after it is ascertained that the information is true that the registrar offers registration status.
Unlike visible and tangible property, management of intellectual property is not easy. It requires adequate understanding and knowledge. Having provided adequate information on your property is enough for the lawyer to make substantive decisions on your property. This is in accordance to the set laws as stipulated on the IP legislation of Singapore. This includes creating contract documents, engaging in negotiations and receiving payments.
Seeking financial gains
Upon having registered your intellectual property, the main object is to make substantive gains from the property. However, by the fact that this is not tangible property, its valuation can be difficult. It is in this regard that the lawyer gives adequate advice on the best modalities to use when making negotiations for your property. In certain instances, the lawyer may undertake to negotiate on your behalf owing to the fact that the lawyer understands all the legal aspects regarding the property. The main reason for making registration is to give room and encourage innovations. In this way, the brain behind the innovation need s to be adequately compensated for the effort to share with others what may lead to economic growth. In this way, any person who might make a move to try to make an imitation can be legally prosecuted.
Each and every person has a right to anything he produces through his efforts. This may by either physical or mental. It is in this regard that the lawyers in Singapore ensure that through giving assistance for registration of intellectual property, you gain legal powers over the property. In this way, any gains from the property are yours. According to the law, it is unjust for anyone else to gain from the ideas of another without their consent.
Lawyers are important people in the society. This is for the reason that they understand the concepts of the law more than any other person. In this regard, using the services of a lawyer in pursuit for registration and management of intellectual property. They process the necessary skill and expertise required for this purpose. Using the services of intellectual lawyers will ensure that your rights are not infringed by unscrupulous people by taking advantage your intellectual property.