You've patented an invention or copyrighted an original work or even trademarked a recognizable brand. Now what? Intellectual property licensing attorneys work with businesses and individuals to help monetize these assets, creating revenue for the owner through licensing agreements with other companies. IP licensing lawyers can also serve an important role if your assets have been infringed or misappropriated. If both the asset's owner and the alleged infringer want to avoid litigation, which can be costly, a trademark, copyright or patent licensing agreement may be a viable alternative.