Innovative Methods for Corporate Legal Managers to Reduce IP Counsel Costs

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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.

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  • Innovative Methods for Corporate Legal Managers to Reduce IP Counsel Costs

    1. 1. 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
    2. 2. Today’s Legal Service Realities
    3. 3. Traditional Methods of Reducing IP Legal Costs
    4. 4. Traditional Methods of Reducing IP Legal Costs Will Not Work Today
    5. 5. Idea 1: Conduct a REAL Audit
    6. 6. Idea 1: Conduct a REAL Audit
    7. 7. Idea 2: Go Fully Paperless
    8. 8. Idea 2: Go Fully Paperless
    9. 9. Idea 3: Super-Charge Your Staff
    10. 10. Idea 4: Do You Really Need a Full- Time Docket Clerk?
    11. 11. Idea 5: Consider Micro-Firms for Routine Procurement Tasks
    12. 12. Idea 6: Hire Good Counsel in Low Cost Markets
    13. 13. Idea 7: Forget What You Thought You Knew About Buying IP Legal Services

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