The short answer is No. Engineers are employed to add value to a company by creating new things and improving existing products to enhance their value and to enhance the company’s perceived value in the marketplace.
The purpose of establishing Intellectual Property (IP) protection for those new and improved products is to validate what the engineers created. It is a second step in elevating the value of the company.
Thus, the purpose of IP legal services’ are to add asset value to a company.
By contrast, the legal budget is for matters including real estate, taxes, employee issues, government compliances, and a myriad of issues that must be handled, but are not related to creating business assets.
Please let us know if you have any questions about IP matters. You can contact us via email or you can call us at (760)-975-3843. We are available for virtual and in-person meetings.
