Legal Blog

The Cumulative Effects of Intellectual Property Theft in the U.S.

Intellectual Property TheftAccording to the Commission on the Theft of American Intellectual Property, the scale of international Intellectual Property Theft is unprecedented. Every year, intellectual property theft is costing the United States billions of dollars. In fact, “The annual losses are likely to be comparable to the current annual level of U.S. exports to Asia—over $300 billion,” according to the report. However, the exact figure is unknown. What is known is that the losses represent “the greatest transfer of wealth in history,” explained Commander of the United States Cyber Command and Director of the National Security Agency, General Keith Alexander.

No business is safe. Companies of all shapes and sizes are victimized by intellectual property theft, costing these businesses time and money – neither of which a company can afford to lose. So how do you protect your intellectual property assets: names, logos, inventions, lists, works and other intangible property? With strong legal representation, that’s how.

At Offit Kurman Attorneys at Law, we can help you through all stages of your IP matters – from concept through development, registration, licensing, marketing, renewals, enforcement and sales – to help you better protect your intellectual property assets. Our comprehensive and strategic approach to IP protection is designed to maximize the value of your intellectual property assets and minimize the related risks.

Our seasoned team of intellectual property attorneys is available to help you.

Intellectual Property TheftIf you are interested in an Intellectual Property Audit, please contact Offit Kurman attorney Jonathan Wachs at (301-575-0302) or jwachs@offitkurman.com. Mr. Wachs is Chair of Offit Kurman’s Intellectual Property Law Group and works closely with clients to develop, register, analyze, enforce, and transfer intellectual property assets in a customized, cost-efficient, and highly effective manner.

Offit Kurman Intellectual Property (IP) Law Practice Group

If and when disputes arise, Offit Kurman’s team of experience IP attorneys is ready to step in to ensure that your intellectual property assets are enforced or protected.  The attorneys in our Intellectual Property (IP) Law Practice Group represent some of the most successful artists, athletes, producers, production companies, and distribution companies in the country. Our attorneys help you protect your patents, trademarks, copyrights, licenses, trade secrets, publicity, and privacy rights to the fullest extent allowed by intellectual property law.

To learn more about Offit Kurman’s Intellectual Property Law Practice Group, please fill out our contact form to access the sound legal guidance that our experienced attorneys has to offer. You can also connect with Offit Kurman via FacebookTwitterGoogle+YouTube, and LinkedIn.