What Can Happen if You Do Not Have a Lawyer?
The failure to hire a lawyer can leave the business vulnerable to the other organization involved and their legal teams. The contracts are often confusing and may not include all the details needed to protect the company that chooses to represent itself. If the person without an attorney is applying for trademark approval, they may only get another denial from the USPTO. The result could cause them to waste months or years as they attempt to create a new brand familiar to their clientele.
The inability to understand a contract can also cause business owners to break the agreement. The unintentional failure to follow all the details within a contract can lead to lawsuits and many other legal ramifications. An attorney can explain the guidelines to their client during the negotiation phase. They will also provide consultations regarding how to handle expansions, the sale of a business, and much more. Without this help, the company could become vulnerable to breach of contract lawsuits.
When Should You Consult with an Attorney?
Contact a trademark co-existing agreement law firm immediately after receiving the notice of application denial. The law firm can contact the other company and begin negotiating to develop a contract. Law firms that handle these agreements have experience in trademark and patent laws and are valuable assets to any business. Hiring an attorney to help with the application process can reduce the time needed to begin negotiations and get approval.
Do You Need Assistance with a Trademark Co-existing Agreement?
Every business can benefit from a carefully crafted and memorable trademark. These marketing tools can help startups gain attention and keep established companies in the public eye. A co-existing agreement ensures that the time and investment in developing an appealing trademark do not become wasted. Improve the opportunity for approval by hiring a law firm that understands how to negotiate and create a contract that will meet the standards of the USPTO.