Posts Tagged: "IP Management Software"

Implementing IP Management Software (Part II): Best Practices for an Improved Implementation

As discussed in Part I of this series, the process of implementing IP management software (IPMS) poses many complexities and dangers. To ensure as successful an IPMS implementation as possible, companies and law firms should apply best practices early on. The earlier they begin taking these steps, and the more deeply they dig into the issues, the greater their chances of avoiding the most common implementation pitfalls.

What is the future of IP management for law firms?

The breadth and scale of information now available to IP departments was previously unimaginable and using this information to drive insight remains challenging. The most progressive organizations will use insight from their own IP portfolio and the portfolio of others to drive the entire shape and direction of their business. The role of the future IP professional will be less about reactively protecting the innovation that a company creates, and more about using their unique insight to shape future product and service development, geographical expansion and even the future direction of research and development. In the four key phases of IP management – creation, protection, management and optimization – new technology, automation, data availability and collaboration are combining to shape IP management strategy.