Risk Management Solutions from CPA
The risk around IP portfolio management is a growing concern for both law firms and in-house IP departments. It's for good reason administrative errors account for approximately 50% of the inadvertent loss of IP rights. But there are steps your organisation can take to help manage and reduce the administrative risk unique to intellectual property management.
IP attorneys face exposure to risk and significant economic loss should IP rights become irretrievably lost, compromised or the cause of litigation. Recent analysis reveals that over half of IP malpractice claims and loss of rights are the direct result of a simple administrative error. Accordingly, the IP industry has begun to employ solutions to help divest "high risk" activities such as renewals and docketing to reduce exposure and increase focus on the more substantive side of intellectual property.
CPA's Risk Management Solutions
There are steps your organization can take to offset the administrative risk unique to intellectual property. CPA has partnered with IP Practitioners around the world to deliver Risk Management Solutions associated with higher risk administrative tasks as illustrated in the matrix below.
Back
