Author- Mansi Choudhary

Introduction 

In today’s dynamic and competitive business environment and knowledge-based economy, intellectual property is a critical factor in maintaining competitive advantage in the marketplace. IP is an intangible asset that companies can turn into usable resources to gain a competitive advantage. In today’s economy, intellectual property is perhaps the most important asset a company can own.

This article discusses various ways to pursue a career in the intellectual property field. It also details the various exams that intellectual property law graduates can take and the benefits that can be gained through these exams.

Courses on IPR:

Top journals:

Patent:

Patent law and technology specialists have opportunities in law firms as well as IP departments in R&D organizations.
patent analysis is a very broad field in which the skill of extracting relevant patents and using them for a specific purpose must be mastered. Learning these skills can be very helpful in pursuing a career in patents, as research and innovation-based companies need qualified personnel to conduct patent research and other related tasks. In business, the professionals who conduct patent research and draft patent specifications are usually called patent analysts, patent scientists, and patent engineers. The basic qualification for a patent analyst is a bachelor’s degree in science, engineering, biotechnology, or any other basic or life science field. They do a lot of research. B. Evaluating the patentability of inventions, checking for patent infringement, etc.

What do trademark attorneys do?

1. Identify the company’s various trademarks
2. Conduct proper trademark research before the company adopts or uses a trademark.
3. Developing strategies for filing trademark applications.
4. Draft trademark application and filing with the Registrar.
5. Respond to objections  and ensure smooth registration of marks.

Trademark Agent

A trademark agent is an expert on trademarks. They should have knowledge of the registration process and be able to initiate trademark infringement claims. The main responsibilities of a trademark agent are:

1. Help companies identify and select the right trademark for their business.
2. Conduct a trademark search to ensure that the trademark you select is unique and valid for the appropriate class.
3. Drafting and filing trademark applications.
4. Ensuring compliance with pending applications and formulating appropriate responses to objections or objections to proposed marks.
5. File a trademark infringement lawsuit. 

Copyright

What do copyright attorneys do?

1. Create and submit a copyright request on behalf of your client.
2. Once a copyright has been granted, check the copyright journal from time to time to make sure there is no infringement.
3. In the event of a violation, sue the unauthorized user and demand reasonable remedial action.

Copyright examiner

A copyright examiner is a person who reviews submitted copyright applications and determines whether all essential characteristics required for copyright registration have been met.

Designs, geographical indications, and other forms of IPR

In contrast to the three forms of IPR mentioned above, other forms of IPR have relatively low numbers of registrations. However, each boutique IP law firm and full-service law firm has several members on its IP team that deal with the registration, enforcement and prosecution of these forms of intellectual property.

Teaching IPR

1. Teaching IPR at a university is a great career option.

2. IPR is an elective in most engineering and biotechnology majors.

3. In addition, institutions offering PG diplomas such as IPR, LLB, etc. may have requirements for professors who teach IPR.

Intellectual property management

1. IP audits include the evaluation and review of a company’s intellectual property, procedures for tracking and protecting intangible wealth, and safeguarding and preventing misuse of confidential forms of intellectual property such as confidential information and trade secrets. It includes recommendations for improving the process.
2.  Monetization and commercialization of intellectual property is the process of bringing patented products to market. This can be a great career option for those who like evaluating new technologies and new markets.

Conclusion

Intellectual property is always part of the business, whether your company is just starting or already running. Every day, businesses build goodwill and recognition associated with their branded products and services. This value builds over time and is strongly tied to the company’s IP assets. That’s why it’s important to identify his IP assets early in the company. A company’s success depends on the company’s commitment to her IP assets. As the value and importance of IP assets increases every day, so does the demand for IP professionals. As young attorneys, we need to invest time in understanding intellectual property, and the time invested today will pay great dividends in the future when we enter the legal field as young, practicing intellectual property attorneys.