One of the primary risks is being accused of infringing someone else's intellectual property rights. This can occur if you unknowingly use patented technology, copyrighted material, or trademarks that belong to others without proper authorisation.

Impact: Costly legal battles, damages, and the need to cease using the infringing IP. Clearly, this can have a major impact on future development and growth.

If you manufacture or distribute products you run the risk of counterfeit goods entering the market. Counterfeiting involves the unauthorised production and sale of goods that imitate or copy someone else's brand or product.

Impact: Severe reputation damage, financial losses, and legal action.

Patent trolls are entities that acquire patents solely for the purpose of suing other companies for alleged infringement. They don't produce any products or services but instead seek licensing fees or settlements through litigation.

Impact: Legal expenses and potential damages.

Trade secrets are confidential and valuable information that provides a competitive advantage to a business. You may risk trade secret theft or unauthorised disclosure by employees, business partners, or hackers.

Impact: Loss of competitive advantage, financial harm, and legal consequences.

With the rise of the internet and digital platforms, you can face the risk of your intellectual property being infringed online. This includes unauthorised use of copyrighted material, domain name disputes, and online piracy.

Impact: Negative impact to brand, revenue, and market share.

If you operate globally, you may face additional risks related to intellectual property protection in different jurisdictions.

Impact: Laws and regulations governing intellectual property rights vary across countries, making it crucial for clients to understand and comply with local IP laws to protect their assets effectively.