What is a Trademark?
In some cases, a company’s most valuable asset is its brand identity or good will. Legally, this is typically referred to as a trademark or service mark.
Many businesses invest their resources into developing a brand name which is readily identified with the type of goods or services a business provides; the law protects that investment as a Trademark or Service Mark. A Trademark is another name for brand name and is used to identify the source of a good. A Service Mark is a name for a brand name used to identify the source of a service. Some common brand names are Coke, H&R Block and Nike.
A mark (including trademarks and service marks) can either be a word, phrase, symbol or design used to identify the source of the good or service and distinguish them from the goods or services of others. Trademarks, unlike copyrights and patents, provide protection based on use and can be in perpetuity.
As well as identifying the goods and services, a mark serves as a guarantee of quality. If you purchase a pair of shoes from Nike, you know what to expect.
Types of Marks
While trademarks and service marks are the best known marks, there are other types of marks:
- Trademarks are used on products (goods) (Hostess Twinkies, Dell computers).
- Service Marks are used to identify services (BURGER KING restaurant, WALT DISNEY WORLD amusement park).
- Collective Membership Marks identify members of an organization, association, or union (Farmland - farm coop, IEEE - engineering society).
- Collective Trademark/Service Marks are used to identify the products or services of all of the members of an organization (Better Business Bureau for information services relating to business practices).
- Certification Marks identify marks that are used by a party other than its owner to certify quality, origin, material, or mode of manufacture of goods or services (UL rating system, Good Housekeeping seal of approval).
File for Trademark
Our firm’s online trademark process begins here. For just $500 (plus governmental fees) we will apply for your trademark or service mark. If you have any questions, simply call our office or email one of our trademark attorneys and we will help you.
Benefits of Trademarks
Like copyrights, trademarks do not need to be registered to be entitled to protection. However, like copyright protection, trademark registration provides a number of evidentiary and substantive advantages, including evidence of validity, incontestability after five years of use, constructive notice of ownership, the right to bring suit in federal court, additional international and national rights, statutory remedies such as treble damages, attorney’s fees and government assistance and criminal penalties in counterfeit cases. Also, unlike copyrights, trademark protection is dependent on use. Trademarks can be registered at the state level and at the federal level.
- A preliminary or permanent injunction to prevent further harm;
- Impounding and destruction of the infringing goods; and/or
- Monetary damages.