The VIP Podcast

Elizabeth Ward
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The VIP Podcast

Are you a business owner, entrepreneur, or innovator looking to protect your intellectual property and drive business success? The VIP Podcast, hosted by Elizabeth Ward, is your go-to resource for navigating the complex world of intellectual property law, business innovation, and commercial growth. With a focus on real-world expertise and practical insights, we explore how businesses can safeguard their valuable assets—trademarks, copyrights, patents, and more—while leveraging them for strategic advantage. Join Elizabeth Ward, an expert in IP law and the founder of Virtuoso Legal, as she sits down with industry leaders and innovators who have mastered the art of protecting their intangible assets. Each episode dives into topics critical to business owners: from valuing intangible assets, to leveraging litigation funding, to dispelling myths surrounding IP protection. Through engaging interviews and expert-driven discussions, you'll gain actionable insights on: How to navigate intellectual property law to protect your business The strategies successful companies use to monetize their IP The legal and financial tools available to support business growth Real-life stories of entrepreneurs who turned innovation into commercial success Whether you're launching a startup, growing an established business, or simply want to understand the value of your intellectual assets, The VIP Podcast offers invaluable guidance for thriving in today's competitive market. Discover how to turn your ideas into assets, protect your business from costly legal battles, and unlock new revenue streams through innovation. Why listen? In today’s fast-paced business environment, protecting your intellectual property can make or break your success. The VIP Podcast offers expert advice that cuts through the jargon and provides practical steps to safeguard your hard-earned ideas. Elizabeth's clear and engaging style, paired with insights from leading voices in law and business, will empower you to take control of your IP strategy. If you’re ready to turn innovation into tangible results, subscribe to The VIP Podcast today and start protecting what matters most—your business’s intellectual property. Your ideas, your assets, your success—protected and maximized.

Episodes

  1. 01/10/2024

    Understanding the Landscape of IP Insurance with David Bloom

    Summary In this episode of the VIP Podcast, host Liz Ward speaks with David Bloom from Safeguard IP about the critical intersection of intellectual property (IP) and insurance. David shares his journey from being an IP litigator to founding an insurance company focused on protecting SMEs against the risks associated with IP litigation. The conversation explores the evolution of IP insurance, the growing demand for such products, and the real-world applications and success stories that highlight the importance of having insurance coverage for intellectual property. David emphasizes the need for awareness in the market and how insurance can foster innovation by mitigating the risks associated with litigation. Takeaways David Bloom transitioned from IP litigation to insurance to help SMEs.IP insurance addresses the financial barriers faced by smaller businesses.The demand for IP insurance has significantly increased in recent years.Awareness of IP insurance is still a challenge in the market.IP insurance can enhance a company's attractiveness to investors.The policies have evolved to become more comprehensive and affordable.Design rights are a growing area of interest in IP insurance.Insurance can help mitigate risks associated with licensing agreements.The insurance market is adapting to cover emerging technologies and data.IP insurance fosters an environment for innovation and R&D investment. Chapters 00:00 Introduction to Intellectual Property and Insurance 04:52 Transition from IP Litigation to Insurance Solutions 09:55 The Evolution of IP Insurance and Market Demand 15:00 Understanding IP Insurance Policies and Their Coverage 20:03 Real-World Applications and Success Stories of IP Insurance 24:54 Challenges and Future of IP Insurance in Various Industries 30:13 Conclusion and Insights on IP Insurance for SMEs

    40 min

  2. 25/09/2024

    Luxury Entrepreneurship: Insights and Innovations from Elizabeth Soleru

    In this episode of the VIP podcast by Virtuoso Legal, host Liz Ward interviews Elizabeth Soleru, a luxury entrepreneur who transitioned from a career in microbiology and headhunting to founding a successful cake business. Elizabeth discusses her journey, the growth of her luxury brand, and the importance of storytelling, creativity, and emotional resonance in building a luxury brand. Highlighting her experiences with high-profile clients and the challenges of delivering extravagant cakes, Elizabeth also touches on the significance of legal protections for luxury brands and her involvement in promoting diversity in the luxury sector through international talks and the Diversity and Luxury Awards. The episode concludes with a discussion on the impact of AI on the luxury market and the importance of protecting intellectual property. 00:00 Introduction to the VIP Podcast 00:47 Elizabeth's Journey to Luxury Entrepreneurship 04:35 The Art of Cake Making 08:16 Challenges in Cake Delivery 10:09 High-Profile Clients and Celebrity Cakes 13:06 Public Speaking and Luxury Consultancy 14:38 Building a Successful Luxury Brand 25:29 Luxury Brand Strategies and Market Trends 31:09 British Brands and the Olympics 33:12 Luxury Brands in Sports 37:58 Chanel's Commitment to Education 40:13 Dior's Collaboration with Indian Needle School 42:04 Diversity in Luxury Awards 48:15 The Importance of Legal Protection for Luxury Brands 55:52 AI and the Future of Copyright

    1h 5m

  3. 19/09/2024

    Pharmaceutical Patents and Litigation Dynamics with Alan Feeney

    In this episode of the VIP Podcast, host Liz Ward engages with Alan from Feeney Law, discussing the intricate world of intellectual property (IP) law, particularly in the biotechnology and pharmaceutical sectors. Alan shares his journey to becoming a patent attorney, emphasising the importance of a technical background and litigation experience in drafting effective patents. The conversation delves into the significance of provisional applications, the dynamics of pharmaceutical patents, and the critical role of trademarks in business strategy. Alan also highlights the challenges of navigating trade dress and the necessity of protecting intellectual property in a global market. Takeaways Combining science and writing is essential in IP law.A technical background enhances patent attorney effectiveness.Litigation experience informs better patent drafting.Understanding jury perspectives is crucial in patent cases.Pharmaceutical patents often lead to complex litigation.Provisional applications provide strategic advantages.The US patent system offers unique opportunities for inventors.Trademark registration should be prioritized early in business development.Policing trademarks is vital to maintaining brand integrity.Trade dress law is an evolving area of intellectual property. Chapters 00:00 Introduction to Intellectual Property and Biotech Background 03:10 The Journey to Becoming a Patent Attorney 05:59 The Importance of Technical Background in Patent Law 08:53 Litigation Experience and Its Impact on Patent Drafting 12:13 Understanding Jury Trials in Patent Cases 15:06 Pharmaceutical Patents and Litigation Dynamics 17:56 Patent Term Extensions and FDA Approval Challenges 21:12 The Role of Provisional Applications in Patent Strategy 24:03 The Significance of the US Patent System 26:47 Trademark Importance and Early Registration 30:09 Navigating Trademark Law and Brand Protection 33:00 Trade Dress and Lookalike Products 35:53 The Value of Intellectual Property in Business 39:11 The Intersection of Trademarks and Business Strategy 41:57 The Future of Intellectual Property in a Global Market 44:46 Conclusion and Final Thoughts on IP Strategy

    1h 20m

  4. 12/09/2024

    Balancing Creativity and Law: Navigating Intellectual Property in the Music Industry with Mark Wilden

    In this episode of the VIP Podcast, Elizabeth Ward is joined by Mark Wilden, a barrister with a unique background in the music industry. Together, they explore the intricate relationship between creativity and law, particularly in the realm of intellectual property (IP). Mark shares his personal journey from playing in bands and producing music to becoming an expert in IP law. With his dual expertise, he offers valuable insights into how creators can protect their work and navigate the complexities of contracts, copyright, and sampling. Key Takeaways:The Balance of Creative and Legal Thinking: Mark discusses how creativity and law often intersect in the music industry, particularly in IP law, which has both technical and subjective elements. He emphasizes the importance of understanding legal rights without stifling the creative process.Copyright and Contracts: Musicians and creators often overlook the fine print in contracts. Mark breaks down the key areas that need close attention, including costs deducted by labels, sampling, and understanding copyright ownership.Legal Pitfalls for Musicians: From major record label contracts to sampling clearances, Mark sheds light on how artists can avoid common legal traps that may impact their careers, and highlights the importance of being business-savvy in the industry. Quotes:Elizabeth Ward: "The one message that I get from today is that it's really important to be commercial about this and to be business-minded.""For creatives, it's often the business side that tends to be overlooked, but it’s crucial to long-term success." Mark Wilden: "It's important to be business-like going into the industry, but it's also important to remember why you're doing it in the first place.""The intersection between creativity and law isn't something that needs to be feared—it's about understanding how to protect what you’ve worked so hard to create." Call to Action:Connect with Elizabeth Ward on LinkedIn.Connect with Mark Wilden on LinkedIn.For more expert advice on intellectual property law, visit Virtuoso Legal. Timestamped Chapters:[00:00] Introduction: Elizabeth Ward introduces the VIP Podcast and today’s guest, Mark Wilden, an expert in intellectual property law with a unique background in the music industry. [02:25] Mark’s Journey from Music to Law: Mark shares his unconventional career path, from playing in bands and producing music to becoming a barrister specializing in intellectual property and entertainment law. [05:03] The Intersection of Creativity and Law: A deep dive into how intellectual property law blends the creative and scientific, particularly in the context of music, patents, and trademarks. [07:16] Legal Pitfalls in the Music Industry: Mark explains common legal traps for musicians, including contract obligations, copyright issues, and the importance of understanding what you're signing. [12:01] Sampling and Clearance in Music: The complexities of sampling, when legal permission is needed, and high-profile cases involving music sampling. [16:45] Taylor Swift’s Re-Recordings: A Case Study: Mark discusses Taylor Swift’s decision to re-record her albums and how it relates to copyright and ownership of sound recordings. [21:34] Streaming...

    57 min

  5. 04/09/2024

    The Dominance of Software and AI with Ray Millien

    Summary Raymond Millien, General Counsel at Xpansiv, shares his background and career journey in software engineering and intellectual property law. He discusses the importance of valuation in IP and how it can significantly impact a company's bottom line and share price. Millien emphasizes the need for companies, especially startups, to protect their IP through patents, trademarks, and other forms of intellectual property. He also highlights the value of having a strong IP portfolio in attracting investors and potential buyers. Millien predicts that software and AI will continue to dominate the technological landscape and advises focusing on the control and ownership of inventions rather than debating whether AI can be named as an inventor. Takeaways Valuation is crucial in intellectual property and can significantly impact a company's bottom line and share price. Startups and small companies should prioritize protecting their intellectual property through patents, trademarks, and other forms of IP. A strong IP portfolio can attract investors and potential buyers, increasing a company's valuation. Software and AI will continue to dominate the technological landscape. Focus on the control and ownership of inventions rather than debating whether AI can be named as an inventor. Chapters 00:00 Introduction 00:52 Raymond Millien's Background and Career Journey 04:09 Transition from Private Practice to Industry 07:31 The Importance of Being Proactive in Legal Advice 09:49 Raymond Millien's Role at Volvo and Polestar 11:35 The Value of Intellectual Property at Volvo 21:32 Raymond Millien's Current Role at Xpansiv 26:19 The Impact of IP on Valuation 35:23 The Future of IP and Technology 44:24 The Importance of Filing in the US 48:31 Closing Remarks

    49 min

  6. 29/08/2024

    Invisible Wealth: Unpacking Intangible Asset Valuation & Finance with Martin Brassell

    Martin Brassell from Inngott discusses the valuation of intangible assets and the challenges of accounting for them on balance sheets. He explains that intangible assets are not universally recognized on balance sheets and discusses the lack of visibility and the need for accounting standards to address this issue. Martin also explains the process of valuing intangible assets, considering factors such as purpose, separability, and saleability. He discusses different approaches to IP valuation and lending in different countries, including government intervention in Asia and collateral protection insurance in the US. The conversation explores the role of intellectual property (IP) in lending and financing, specifically in the banking industry. It discusses the challenges banks face in recognizing the recoverable value of IP and the potential advantages of insuring IP assets. The conversation also highlights the positive correlation between high growth and IP, as well as the lower propensity to default for businesses with IP. The conversation delves into the valuation process for IP and the tools and services available to assess the value of intangible assets. It concludes by discussing the lending propositions of HSBC and NatWest and their approaches to using IP as collateral. Takeaways Intangible assets are not universally recognized on balance sheets, leading to a lack of visibility and challenges in accounting for their value. Valuing intangible assets involves considering factors such as purpose, separability, and saleability. Different countries have different approaches to IP valuation and lending, with government intervention in Asia and the development of collateral protection insurance in the US. Collateral protection insurance can provide lenders with a fallback option in case of unrecoverable default against intellectual property assets. Banks face challenges in recognizing the recoverable value of intellectual property (IP) due to lack of experience and track record in lending against it. Insurance can provide capital relief and drive down transaction costs for banks lending against IP assets. There is a strong positive correlation between high growth and the presence of IP, with businesses having patents and trademarks experiencing higher average growth rates. Businesses with IP are less likely to fail, making them attractive to investors and lenders. Valuing IP involves assessing financial inputs, projections, and risk weighting, with professional judgment and skepticism playing a role. Tools like GoldScene and Solomon help profile and value intangible assets, providing a clear baseline and quantitative valuation. HSBC and NatWest offer lending propositions that leverage IP as a means of quantifying value and providing security, with NatWest offering lower loan values and a one-year capital repayment holiday. Monitoring IP value and threats is important for lenders, and ongoing valuation can inform potential increases in lending. The UK is at the forefront of using IP as collateral in lending, with HSBC and NatWest leading the way. Follow Martin: LinkedIn Chapters 00:00 Introduction to the VIP Podcast and Guest Martin Brassell 02:15 The Challenges of Accounting for Intangible Assets 06:29 Valuing Intangible Assets: Purpose, Separability, and Saleability 14:58 The Process of Valuing Intangible Assets and Avoiding Fire Sales 18:08 Different Approaches to IP Valuation and Lending in Different Countries 23:21 Collateral Protection Insurance: A Fallback Option for Lenders 27:07 Recognizing the Recoverable Value of Intellectual Property in Banking 27:34 The Potential Advantages of Insuring Intellectual Property Assets 29:23 The...

    54 min
  • 6 Episodes

About

Are you a business owner, entrepreneur, or innovator looking to protect your intellectual property and drive business success? The VIP Podcast, hosted by Elizabeth Ward, is your go-to resource for navigating the complex world of intellectual property law, business innovation, and commercial growth. With a focus on real-world expertise and practical insights, we explore how businesses can safeguard their valuable assets—trademarks, copyrights, patents, and more—while leveraging them for strategic advantage. Join Elizabeth Ward, an expert in IP law and the founder of Virtuoso Legal, as she sits down with industry leaders and innovators who have mastered the art of protecting their intangible assets. Each episode dives into topics critical to business owners: from valuing intangible assets, to leveraging litigation funding, to dispelling myths surrounding IP protection. Through engaging interviews and expert-driven discussions, you'll gain actionable insights on: How to navigate intellectual property law to protect your business The strategies successful companies use to monetize their IP The legal and financial tools available to support business growth Real-life stories of entrepreneurs who turned innovation into commercial success Whether you're launching a startup, growing an established business, or simply want to understand the value of your intellectual assets, The VIP Podcast offers invaluable guidance for thriving in today's competitive market. Discover how to turn your ideas into assets, protect your business from costly legal battles, and unlock new revenue streams through innovation. Why listen? In today’s fast-paced business environment, protecting your intellectual property can make or break your success. The VIP Podcast offers expert advice that cuts through the jargon and provides practical steps to safeguard your hard-earned ideas. Elizabeth's clear and engaging style, paired with insights from leading voices in law and business, will empower you to take control of your IP strategy. If you’re ready to turn innovation into tangible results, subscribe to The VIP Podcast today and start protecting what matters most—your business’s intellectual property. Your ideas, your assets, your success—protected and maximized.

Information

  • Creator
    Elizabeth Ward
  • Years Active
    2K
  • Episodes
    6
  • Rating
    Clean
  • Copyright
    © Copyright 2024 Elizabeth Ward
  • Show Website
    The VIP Podcast

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