IP Ownership
The term “Intellectual Property” (IP) covers a range of matters, including copyright, trade marks, patents and design rights. Most businesses will own some IP assets even if they do not realise it – and this is where we can help! IP can drive value for your business, from delivering competitive advantages to creating revenue streams. Knowing what IP rights you own and their strategic importance to your business is an important step in realising the potential of these assets.
We can help to identify what IP is owned by a business or individual and how to best protect and commercialise these invaluable assets.
In summary, being able to identify IP ownership helps you to add value to your business; protect your reputation, products and services; and set you apart from competitors.
What IP rights do I need to consider?
As a business you will want to understand what IP rights you own and how you can then make the most of these assets commercially. We can help to review your IP position so that you understand what IP assets you own; can assess the strengths and weaknesses of what IP assets you own; and seek further IP protection if required.
We can look at a business as whole or more specific projects and / or contracts in the context of IP ownership – no task is too big or small and quite often it is crucial to have IP expertise to guide you in the right direction and through the process.
What about IP ownership in a specific business transaction or agreement?
It's important to understand that IP is crucial to a lot of business transactions and agreements – even if it not obvious at first and even if you are not sure if you own any IP assets which you can commercialise in the first place. It is therefore important to assess your IP ownership before undertaking any new transactions or entering into agreements to make sure you are getting what you need in terms of IP rights.
We can help with this exercise to assess what you own and to make sure your IP ownership position is covered as you expect it to be in any transactions or agreements. It is also really important to understand your IP ownership position when using third party providers.
How can we help?
We specialise in providing cost-effective legal solutions clearing your path to success, and we have specialist expertise in intellectual property matters which we can help you with. This includes considerations of IP ownership when working with third-party providers, help to identify what IP you own and how to protect your IP. We support the likes of Onfido, Multiverse, and Truelayer - ensuring they can build and bolster their commercial relationships.
Need support from a UK intellectual property lawyer? Get in touch with our team.
How to get started
Don't take our word for it
Real world legal advice from real people. No stuffy posh nonsense or complicated legal speak for the sake of it, just great value legal advice. Making the switch to Plume was easy and has saved us a lot of money compared to our previous subscription legal service.
Rachael is a diamond and very intelligent. She has a lovely style and an efficient, commercial & more collaborative approach to advising clients. It's also reassuring to know that Rachael is a former litigator so you know you are getting all-round excellent commercially sound advice. Highly recommended!
Having negotiated against Alice personally, we were confident of her legal skills and commercial acumen. They immediately submersed themselves into our business, acting as an extension of our legal team. They worked incredibly hard, are friendly, approachable and above all could always be counted on to retain a sense of humour.”
Rachael is commercially focussed, and her investment in taking the time to get to know our business means she takes a pragmatic, human-centric approach to negotiations. She proactively gets her head around the particular priorities and constraints on each engagement, meaning she hits the ground running adding value while being able to move at pace.
“Plume is anything but your traditional law firm. We found the lawyers to not only be experts in their fields, but dedicated to understanding our business, which is so important to finding innovative solutions to the problems that we bring to them. Every single person I’ve met at Plume has been a delight to work with, and that just makes all the difference. I really do feel in very good hands working with Plume.”
Our favourite thing about working with Plume is it doesn’t feel like we’re working with a law firm but rather an extension of our own team. The lawyers have become so embedded in our business, so commercially focussed and so tuned to our risk appetite and way of working
The best thing about working with the Employment team is the prompt guidance and support they have given with sensitive and complex issues. They offer professional and diligent advice as well as being incredibly genuine and encouraging. It is reassuring to know they are on hand to help at all times.
Everyone internally has been incredibly impressed with your work and I'm sure we will want to continue working together long-term.
Plume is quite clearly the best law firm in the history of the universe. With trademark protections bestowed upon us by your godly lawyers, we'll be able to focus on what we do best.... developing awesome medical technology for the blind community.
Quickly understood my requirements, carried out a thorough review of the facts and produced a user-friendly reference document tailored to my business which demonstrated a strong grasp of the commercials. Take on was pain-free and everyone was friendly and responsive. Would recommend.
Excellent firm. Professional and ideal for start-ups.
The team have supported us with day-to-day and strategic legal advice throughout the year. We're grateful to them for stepping up to support us through this important milestone in MyTutor’s development and for their commitment in getting the deal over the line.
We currently use Plume for our small business and have had a great experience! They are knowledgeable, professional and answer in a timely fashion. Would recommend!
Great working with the folks at Plume. The quality of their work was top notch, their communication was effective and overall happy with the services provided.
You are without a doubt the COOLEST law firm ever, and we love working with you! <3
They're doing amazing stuff on social media and standing out from the crowd. This is a gold standard in disruption.
You are continuing to shape the legal industry to be more creative, compassionate, and (most significantly) human. Keep breaking down barriers - your reach is further than you may realize 🦩
The team have come on board to support MyTutor, a fast growing EdTech business which previously had no in-house legal resource. The team have made a hugely positive difference in a short space of time and we feel incredibly supported by the team, who offer a commercial, low fuss and highly responsive service
Plume are a wonderful, professional and caring law firm. The communication and attention to detail we received by them in dealing with our case was brilliant. I will definitely be using them again for future needs.
The team provided excellent leadership and support throughout our funding process. In particular, they provided comprehensive ownership and management of the close process for AccelerComm, providing excellent, professional guidance from start to finish and enabling AccelerComm to focus on growing core business growth
.jpg)
