The branding associated with a business is fundamental to establishing commercial goodwill and building reputation. Business names, symbols and logos – referred to in this article as trade marks – play a crucial role in a brand’s identity and allow businesses to differentiate their products or services from those of competitors. If used properly, a trade mark can serve as an excellent marketing tool.
Businesses often employ a ‘set and forget’ approach by, for instance, registering several key trade marks and then taking no further action. Trade mark management is an ongoing process and it is important that businesses have systems in place to help monitor, revise and renew trade marks as required.
Some of the key trade mark decisions of the Federal Court of Australia in 2023 have shown that failing to stay on top of and conduct regular ‘health checks’ of a business’ trade mark portfolio and brand protection strategy can have significant adverse consequences.
To get a sense of the ‘health’ of a business’ brand and trade marks, some of the questions that should be asked include:
Holding Redlich has a team of legal experts with deep expertise in safeguarding clients’ valuable brand identity through comprehensive trade mark solutions.
We manage worldwide portfolios for many significant brands and we deliver protection in connection with all aspects of trade mark and brand protection services, as set out in further detail below.
If you need any assistance with auditing or reviewing your current trade marks portfolio, please get in touch with our team below.
The information in this article is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, we do not guarantee that the information in this article is accurate at the date it is received or that it will continue to be accurate in the future.