An intellectual property (IP) audit is a review of IP assets and risks. The purpose of an IP audit is to identify and record existing IP assets, ensure they are correctly protected, and can including a valuation and assessment of risk.

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Assessing validity of IP rights is complex and should only be conducted by experienced IP practitioners, with an appropriate technical background.

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A robust IP audit can be vital for business valuation during due diligence exercise as part of preparation for business sales or investment.

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For more information, get in touch with our team.