Professionals handling as with these intellectual properties right expert witnesses serve with advices relating to infringement and service marks. They are going to provide with a proper and authorized service reports. These service reports relates to authors, inventors and IP holders. These experts are found on the site to testify trade secrets, proprietary knowledge, confidential information, patents, software copyrights and royalties.
How to manage Intellectual property rights with expert witness:
The intellectual property rights are a combination of both law and business. Rather can be said business laws. There are effective litigators who realize that typically both legal and business input is a necessary aspect. The intellectual property expert witness need to concentrate completely on the legal matters that relates to the legal counsel. These are like that o trademark, brand name or corporate identity that must be protected or preserved with the integrity of the corporation’s assets. But the expert must not completely appreciate the value of the property.
As a witness expert, they need to identify and quantify the values of the clients’ hidden assets. As the litigators are realizing that the professionals who have specialized experiences, these experiences are relating to that of valuation, accounting, marketing and economics. They are just the favorable outcome in the intellectual property cases.
As business experts they are going to witness and assist in dispute resolution with respect to both liability and quantum. These liabilities include the assessing of commercial drivers of IP value, license provisions as a basic requirement for licensee to maintain IP values. To quantify loss or damage these include complex analysis that is then presented and explained clearly and succinctly in the commercial context.
This is going to enable others to understand and follow the thought process, key assumptions and information that are used.