IP Portfolio Management
A thriving business brings forth a growing portfolio of trademarks, patents, product designs and other creative assets. Intellectual property, much like real estate, must be maintained and managed well in order to be leveraged for maximum profitability. This means prompt renewal of industrial property registrations, monitoring of licenses (both incoming and outgoing), keeping track of IPs with definitive expiry dates, maintaining proper records as proof of ownership (particularly as this relates to copyright content and material) and more.
In brief, business growth brings with it the problem of proper management and administration of IP proliferation. This is especially true of businesses beginning to expand into new territories, creating the need to appoint and manage multiple legal teams simultaneously in order to grow and maintain a steadily evolving global portfolio of assets.
We’ve said it elsewhere and we will say it again here – our view is that proper IP administration is not rocket science and a little bit of knowledge goes a long way. We’re big on providing businesses with the levelling-up they need to manage their own intellectual property affairs in-house and believe that even SME’s can benefit from some basic IP skills. However, in practice we find that this route is typically preferred by larger enterprises who have crossed that inflection point where the cost associated with outsourcing the management of very large IP portfolios is much greater than the cost of maintaining a few well-trained members of staff to handle this work in-house.
Smaller enterprises with tighter budgets and more modest portfolios generally opt to outsource the management of their intellectual property, and we cater to businesses falling in this category as well. We charge no fees for taking over management of your portfolio and getting you organized. There are no monthly or annual maintenance costs. Fees are only charged when we are required to act in order to ensure that the integrity of your portfolio is maintained. And our charge our rates are among the most competitive in the EU market.