• Registering your trademarks and patenting inventions are two common ways to protect a company's intellectual property. However, intellectual property is not limited to these two areas. Trade secrets and confidential information should also be protected as much as possible.

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• You need to protect your company's intellectual property from being used by departing employees. It is important that your employment contracts set out the worker's intellectual property obligations both during and after employment. If you are not sure whether your employment contracts are up to date, we will be happy to check them.

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• Another way in which trade secrets are lost is when companies do not protect themselves when dealing with partners, customers and suppliers. It is often necessary to provide confidential information to a potential customer or supplier in order to close a deal. In such situations it is important to protect this intellectual property as much as possible.

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• The first step is to sign a confidentiality agreement. If you do business with the other party, the next contract may cover the intellectual property in more detail, such as: B. whether the created intellectual property is assigned (sold) or licensed to the other business.

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• If your intellectual property has been copied or stolen by a competitor, you should consider legal action. The first step can be sending a cease and desist letter to prevent competitors from using your intellectual property. A lawyer can assess your situation and determine whether your chances of success are intact.