IP Audit and Strategy Building
Lack of awareness of intellectual property (IP) often leads to misuse of your IP by others and under exploitation of the commercial benefits of your IP. IP Audit helps in identifying various forms of IP assets that your organization has and review the procedures to protect them. It is often followed by recommendations on ways to improve the processes to safeguard and prevent misappropriation of confidential information such as trade secrets. Our attorneys and patent agents work with you to create and execute IP strategies compatible with your business and also implement plans to maximize each strategy.
IP Policy and Process Setup
Some crucial issues related to IPR include ownership, rights and obligation of employees and employer, disclosure of invention, disclosure of confidential information, liabilities in case of misappropriation of IP and resolution of IP related disputes. Understanding of these is essential for any organization to succeed and survive in today’s knowledge driven economy. We help our clients by framing IP policies for their organizations after understanding the nature of their business, different verticals and horizontals of their business, forms of IP relevant to each segment of their business and the other policies operating within the organization.
IP Portfolio Management
An IP Portfolio can include different forms of IP such as patents, trademarks and copyrights, as well as other intangible assets such as licenses, exclusive distribution contracts and valuable business relationships. IntellilocusTM offers extensive IP portfolio management to all types and sizes of organizations. Our attorneys are having technical expertise to understand the nature of your business and your products. Accordingly they can advise you on ways to grow your portfolio to maximize its strengths or, alternatively, on ways to slim down your portfolio to control overall costs. IP Portfolio management has following features:
- Managing procedural and administrative tasks like renewal fee reminders, office action responses, etc.
- Evaluating strength and weakness of client’s IP portfolio. Defining licensing opportunities for weak or underutilized IP and do infringement analysis for strong IP to ensure enforcement of IP rights of client.
- Technology trend analysis of IP Portfolio to help client decide whether to continue with a certain IP in case it becomes obsolete.