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Infinite ways to boost IP management with our end-to-end service
Articles / Published, July 24, 2024

Infinite ways to boost IP management with our end-to-end service

overview

When selecting an IP management service provider, an IP counsel must consider many aspects of how the service will work. Is it flexible for their requirements? Will it help them save money? Will they receive specialist advice on IP strategy? In many cases, an IP counsel requires a service that not only manages their IP assets but also boosts the effectiveness of their IP portfolio.

Drawing on our experience supporting clients in numerous industries worldwide, Novagraaf developed our end-to-end service to provide a comprehensive, cost-effective and flexible solution for managing IP portfolios. By consulting directly with relevant company stakeholders, our team ensures that IP assets play an integral role in business success.

How does our end-to-end service work?

Firstly, our team works to define the best type of services to suit each client’s business. Whether you outsource IP management, use an in-house solution or a mix of both, our end-to-end service is fully integrated, meaning our legal team works as a seamless entity within your business.

Then, our IP experts consult directly with the client’s team to devise a solution that considers all aspects of the IP lifecycle. Together, we establish an IP strategy for the business and define the specific service requirements for their IP portfolio. This can include trademark searching, auditing, renewals, recordals, litigation, enforcement, prosecution, and any other legal services needed to manage your IP assets.

Additionally, if a client is already using external IP management or legal services, we consult with the client and their external providers to establish a framework that is flexible and cost-effective for the business. We also provide recommendations for other industry-leading service providers within our international network, if our client could benefit from working with them.

The key advantage of using our end-to-end service is that it was developed to generate cost savings for our clients. For this reason, consulting with our clients’ in-house teams and external service providers is an essential part of the process. In this way, we can understand the breakdown of their services and requirements, so we can determine potential cost savings. Our team can provide an agent benchmarking analysis, which analyses the fees of external agents and compares them to current market fees. If there are inconsistencies or surcharges, we renegotiate fees with agents on our client’s behalf and save them money.

After we have consulted with all relevant stakeholders, we work with our client to develop an onboarding action plan, ensuring seamless integration with their system. Our goal is to provide this service as though we were part of their in-house legal team. As such, this can improve the effectiveness of their IP management, since they no longer need to worry about the challenges of recruiting, training or retaining in-house IP specialists. In some cases, our staff works in-house with our clients. By integrating with their team, we can provide a specialist, fully comprehensive service, while our clients have complete flexibility to scale their IP team. They also have the benefit of working with a legal team, which advises on IP strategy development based on experience with a varied client base.

What are the key benefits of our end-to-end service?

One of the main reasons our clients choose our end-to-end service is that it provides a comprehensive solution for IP management. From inception to disposal, we consider all IP asset requirements throughout the life cycle. This can boost the success of an IP portfolio, since it ensures that each IP asset is working to its full potential. Furthermore, it also means that IP assets, which are no longer productive in the portfolio, can be assessed and disposed of, resulting in savings for our client’s business and an overall healthier IP portfolio.

If you would like to find out more about our end-to-end service or consult with one of our team members on your requirements, please contact us for an introduction.