The granting of a protective right is rarely the end of the story. Industrial property rights are limited in time and in geographic extent. This is why it is necessary again and again to reassess your protective rights, to check them and to adjust them, to decide in which areas you wish to maintain these protective rights, to extend them or to let them lapse.
The lifetimes of (inter)national protective rights differ considerably, and the requirements with regard to the extension of IP rights are not very homogeneous either. This makes the monitoring of statutory time periods, which may also be connected with, or dependent on, each other, a very important task in the professional management of IP rights and a task we can help you with.
In smaller IP portfolios we can look after the extension of protective rights and, as required, the necessary payment of fees. In large or very large IP portfolios we can take care of communication with all established payment organisations or the coordination of procedures with these service providers. And finally we are also the right partner for your IP department when external advice or an expert opinion is needed – absolutely reliable and with many years of experience.
We can look after the sensible management of your protective rights by controlling their duration either directly, in co-operation with your IP department or in collaboration with an external service provider. In this way the rights which you want to continue to work with will be extended and those which are no longer of any legal or economic use will be allowed to lapse.