Strategic Counseling

Strategic intellectual property counseling is vital for businesses and individuals looking to protect their intellectual property. By taking a strategic approach, we work with our clients to evaluate their current intellectual property portfolio and identify opportunities for protecting their innovations and creations. This includes identifying what type of intellectual property protection is most appropriate, such as patents, trademarks, or copyrights, as well as determining where and when to file for protection, in order to minimize cost and time spent on the process.

An important part of strategic intellectual property counseling is the development of a patent portfolio.  This involves identifying, protecting and managing a company's intellectual property assets. By developing and managing a patent portfolio, a company can secure its competitive position, protect its innovations, and generate revenue.  Having a strong patent portfolio can provide a company with a competitive advantage, generate revenue, and increase the value of the company to investors. At WTA Patents, we are committed to helping our clients achieve these goals through effective patent portfolio development.

Another important aspect of protecting your intellectual property, and one key aspect of this is determining what to keep as trade secret and what to file as patents. Trade secrets and patents are two different types of intellectual property protection, each with their own strengths and weaknesses. Trade secrets provide protection for information that is kept secret and can have an indefinite lifespan, while patents provide exclusive rights to an invention for a limited period of time and require public disclosure of the invention. We can help you evaluate your intellectual property and determine the best course of action for protecting it. This may include identifying what information can be kept as a trade secret and what should be filed as a patent application. The attorney will also consider the cost, time, and the potential risks of losing the trade secret status in making the decision.