If a firm successfully defends an intangible right,it should expense the litigation costs as incurred.If a firm successfully defends an intangible right,it should capitalize the litigation costs and amortize them over the remaining useful life of the related intangible.

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According to accounting standards, if a firm successfully defends an intangible right, the litigation costs should be capitalized and amortized over the remaining useful life of the intangible asset. This is because the defense of the intangible right adds value to the asset, extending its useful life or ensuring its continued benefit to the firm.

If a Firm Successfully Defends an Intangible Right,it Should Expense