Intellectual property (IP) disputes can be particularly risky, time-consuming and expensive to litigate. Delay can be a particular issue when it keeps parties from being able to commercialise and benefit from their IP. Damages are often hard to quantify in IP cases too. Mediation gives parties the opportunity to settle cases early, in a commercial way, and to explore settlement options that are not available by way of Court order (eg cross-licences, royalty agreements, territory agreements and agreed changed to IP). Mediation can also allow for relationships to be repaired, matters to be looked at in a practical problem-solving way, and for the parties to get the benefit of a neutral third-party input.
NZDRC has experience and effective IP mediators.