Patent Portfolio Management Lawyers Focused on Business Value
Patent Portfolio Management
Has your client’s patent portfolio grown unruly? Maintenance fees, foreign annuities, application deadlines, statements of use, verifications, assignments, statements of ownership, statements of inventorship – and a nagging, constant stream of email reminders eating up your time. Let us at Booth Albanesi Schroeder, PLLC, help.
We can:
- Help set up internal processes to move these off your desk or streamline decision-making
- Run point on foreign associates – imagine a single email from us when it matters, with suggested responses and without clogging your files with readily available documents you don’t need
- Handle maintenance fees and annuities – providing you with decision-making control without the headache of tracking myriad deadlines
- Run the portfolio entirely – interface with departments, analyze value and costs, get you a single spreadsheet in a single meeting to make quick decisions based on summarized department input
Value over Volume
Patents should help a company compete, invest and negotiate. We help executives, investors, and IP managers treat patents as assets with a job to do. That matters with every filing, renewal, annuity, foreign filing decision and claim choice.
Is portfolio management and review on your list of headaches? Let us turn it into a win.
Measuring the Portfolio
A strong portfolio mirrors the company’s goals. Some patents protect revenue. Others support future products, funding rounds, or acquisition value. Some keep a competitor from a direct knock-off.
Intellectual property strategy should guide portfolio management. Where do patent rights match the company roadmap, and where do assets no longer serve a valued purpose?
Ranking Assets Before Renewal Costs Add Up
An aged portfolio may need an update to control costs. Maintenance fees and foreign annuities add up quickly – do they protect core assets? We can perform an IP audit to hand in-house counsel the tools needed to cut costs while maintaining leverage.
How does the portfolio add value to the client:
- Protecting current products, platforms and revenue streams
- Extending coverage around planned research
- Adding protection to a market that justifies the added spend
- Claims that create licensing, enforcement, or deal value
- A “picture patent” that keeps a competitor from a direct knock-off
- An asset for cross-licensing or counterclaims when faced with infringement accusations
Mapping Competitors
A portfolio review can reveal gaps that leave the business open to competitor filings or enforcement risks. Competitive landscape analysis reveals rival patents and new market entrants. A review can point to “white spaces” where new applications may block others from moving into the company’s lane.
This work can support strategic counseling before a launch, joint venture, or acquisition. It may also raise freedom to operate (FTO) questions when the company needs to assess patent dispute risks before entering a market.
Revenue Options
Portfolio work includes value capture. During the patent life cycle, some rights may support patent monetization through licensing, cross-licensing or sale. Some patents simply no longer support their own costs, or are overshadowed by more recent patents.
Some patents matter most outside the United States. A practical foreign filing strategy should focus on markets that matter, not countries chosen by habit.