Risk Management Solutions

Activity and Risk Area

CPA Solution

Prosecuting IP in an increasingly litigious environment:

Insufficient processes and infrastructure can jeopardise IP assets and increase risk exposure.

IP Consulting Group:

• Analyze firm processes, infrastructure,
  data quality, staffing, client base, goals
  and objectives
• Flag risk areas
• Develop a risk management plan that addresses risk and increases
  efficiency within the practice.

Annuity Fee Management:

• Missed annuity and maintenance fee payments represents 5% of IP malpractice where rights
  are irretrievably lost and cannot be restored
• Annuity Fee Management is high risk low margin work

Patent Annuity Payment Services:

Proven methodology enables IP Attorneys to seamlessly exit annuity management.

For Law Firms

• Reduce professional risk exposure
• Eliminate Bad Debt
• Reduce administrative burden and
  potential conflicts

For Corporations

• Reduce commercial risk exposure
• Improve operational processes
• Increase capacity within IP Department

Docketing:

Approximately 50% of all inadvertently lost of IP rights is the result of docketing errors

• Poor docketing process and bad data quality
• Shortage of experienced docketing
  professionals

Docketing and Paralegal Services:

• Single, double and reconciliation docketing
• File audit and data cross-checking
• Patent proofreading and patent term adjustment

Portfolio Transfers and Handling:

Portfolio Transfers can be inherently risky:

• Inadequate resources to assimilate new cases
• Taking responsibility for incomplete or
  erroneous data
• Managing upcoming prosecution and maintenance deadlines
• Chain of title issues

Attorney and Portfolio Transfer Services:

• Verify and create electronic IP data and dates from physical files and public data
• Data input or electronic conversion of new matters into firm’s docketing system
• Foreign agents and 3rd party notification
• Administrative support for conflict prevention, client engagement and disengagement activities

IP Due Diligence

Undetected IP issues may result in failed or sub-optimal M&A, licensing and other business transactions:

• Patent landmines
• Under or over-valued IP portfolio
• Unenforceable IP Rights
• Ownership and licensing issues

IP Due Diligence Services:

• In-force data verification
• Competitive Patent Landscaping and
• Intelligence Reports
• Validity, Clearance, Freedom to Operate searching
• Contract review
• Current Owner Verification

Business Risk

Law Firm

• Loss of prospects, clients and projects due to cost pressure
• Eroding margins due to budget constraints
• Clients’ budget constraints limit the attorney’s ability to litigate under the best and safest conditions

Corporation

• Budget constraints
• Cost reduction pressure
• Access to skilled labor pool

Create an Off-shore Extension of Your Firm:

Dedicated Legal Process Outsourcing team managed by CPA:

• Litigation Support
• Patent Research, Proofreading and Illustrations
• IP Paralegal Services
• Contract Management