The 5 Drivers of IP Operating Costs

Today‚Äôs unforgiving budgetary climate confronts corporate IP departments with a multitude of challenges: from pressures on headcount and outside counsel spend, to the costs of portfolio maintenance fees and software systems. The corporate IP department faces continuous scrutiny of their budgets and spending. While the easy scapegoat is the oft-quoted exorbitant hourly rates of outside counsel, the truth is that …

Poll: What are the Biggest Challenges in IP Ops

IP groups are under growing pressure to rapidly expand the size and quality of their portfolios. The challenge inherent in this is greatly complicated by the growing number of companies with competitive IP ambitions, and the resulting accelerating pace. We have heard repeatedly from IP leaders that expanding legal expertise and capacity is not the greatest obstacle they face, but …

Poll: Shadow Docketing: Is It Still Necessary?

In this week’s poll we asked our IP professional benchmarking group (x=258): What type of billing method do you primarily use for outside counsel prep and prosecution work? Using only a traditional hourly-based billing has become much less common, with only 18% reporting this method; similarly a fixed-fee only approach was reported by just 23%. The most common approach, reported …

Poll: What is the Best Way to Support IP Operations?

Corporate IP departments have commonly had a mix of internal IP staff and external legal services. The relative proportion a department adopts can be driven by a number of factors. But for many it is simply a matter of philosophy. Some believe having internal capabilties are critical; while others feel that certain legal and administrative work is more effectively outsourced …

Poll: To What Extent is Your IP Department Paperless?

Intellectual property has always been a document intensive practice. Over the last 10-15 years we have seen IP Departments – along with most legal practices – move towards electronic based correspondences, filings and other work product. Redwells, certified mail and faxes are a thing of the past, replaced by DMS, email and electronic filing systems. However, we find that IP …

A New Model for Trademark Operations

Our recent article published in the World Trademark Review, entitled, A New Model for Trademark Operations, discusses our perspectives on important changes in the management of trademarks. Trademark departments are needing to transform themselves driven by complexity, global risk, cost pressures and human capital requirements. A new model allows for significant cost savings, while being flexible enough to meet each …