Our professional IP audit will systematically review how well your company has been respecting its own, and other's, IP assets by:
- Reviewing your company's IP-related practices, records and documents;
- Inventorying IP assets controlled and/or used by your company;
- Prioritizing your company's mission-critical IP assets;
- Analyzing the scope, ownership, and vulnerabilities of those mission-critical IP assets;
- Verifying that appropriate strategies, policies, and procedures are in place to optimize returns;
- Identifying how you can mitigate liability for possible third party claims of IP infringement against your company; and
- Recommending changes needed to optimize returns from your company's mission-critical IP assets.
Our IP audits can help empower your company's IP by:
- Identifying unrecognized or emergent IP assets;
- Increasing the value of existing IP assets;
- Reducing the costs and risks of third-party IP claims;
- Building value of products that reply on IP assets;
- Identifying potential non-core revenue streams;
- Inspiring additional revenue through core business licensing;
- Increasing the value of corporate transactions;
- Reducing costs of unused IP assets;
- Suggesting tax deductions for IP asset donations;
- Reducing new product development costs (product clearance);
- Evaluating the IP assets of an acquisition or investment target (due diligence);
- Assessing business direction and strength;
- Revealing unappreciated business possibilities; and/or
- Discovering business expansion opportunities.
To learn more, get our free guide.