Intellectual Property Lawyer Reveals Hidden Copyright Dispute Solutions
Financial Implications and Opportunities
The financial stakes in copyright disputes can be significant. Legal fees, potential damages, and the cost of lost business opportunities can add up quickly. However, by employing strategic solutions like ADR and licensing, parties can often reduce these costs substantially. For instance, the average cost of arbitration can be significantly lower than court litigation, saving parties both time and money3. Additionally, a well-negotiated licensing deal can transform a costly dispute into a profitable venture.