Innovative Methods for Corporate Legal Managers to Reduce IP Counsel Costs - Presentation Transcript
Innovations in Corporate IP Management:
Methodologies to Reduce Outside IP
Counsel Costs
Jackie Hutter, MS, JD
Chief IP Strategist
The Hutter Group LLC & Patent MatchMaker
Decatur, GA
Web: www.JackieHutter.com
www.PatentMatchMaker.com
Blog: www.ipAssetMaximizer.com
Twitter: @ipStrategist
Today’s Legal Service Realities
Traditional Methods of Reducing IP
Legal Costs
Traditional Methods of Reducing IP
Legal Costs Will Not Work Today
Idea 1: Conduct a REAL Audit
Idea 1: Conduct a REAL Audit
Idea 2: Go Fully Paperless
Idea 2: Go Fully Paperless
Idea 3: Super-Charge Your Staff
Idea 4: Do You Really Need a Full-
Time Docket Clerk?
Idea 5: Consider Micro-Firms for
Routine Procurement Tasks
Idea 6: Hire Good Counsel in Low
Cost Markets
Idea 7: Forget What You Thought You
Knew About Buying IP Legal Services
Corporate IP legal managers are facing increasing p more
Corporate IP legal managers are facing increasing pressures to reduce the costs of IP procurement. To date, most methods of cost control focus on obtaining discounts from outside counsel, fixed fee arrangements or bringing work in-house. These methods lead certainly can result in lower costs, but "outside the box" thinking can actually result in increased success. This presentation provides in-house legal managers with ideas on how to introduce new cost reduction strategies within their organizations. less
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