Strategic IP Plan
What is Intellectual Property (IP)?
Intellectual property (“IP”) is defined as intangible assets that generally exponentially increase in value as the entity grows. Forms of IP include trademarks, copyrights, patents, and trade secrets.
IP is protected by both US and international law. Generally, IP protection is gained through filings with various government agencies such as the United States Patent and Trademark Office and the US Office of Copyright.
What is IP Strategic Planning?
The goal in strategic planning is to weave IP threads to create a tight-knit sweater of protection and to create maximum value.
EmergeCounsel attorneys have combined lawyer driven legal analysis and industry leading search and maintenance software to strategically protect our clients’ IP in an organized and cost effective manner.
What is the EmergeCounsel Strategic IP Plan?
EmergeCounsel’s IP Strategy Plan is an actual flowing client deliverable created through the IP strategic planning process. It aggregates IP strategy, process, protection progression and maintenance requirements in one document.
Contents herein are for informational purposes only, should not be construed as legal advice on any subject matter and do not constitute attorney-client relationship. EmergeCounsel does not employ patent counsel, instead has an extensive referral network in the patent subject matter area.
UNDERSTAND BUSINESS AND EDUCATE
We offer a free initial consultation to understand our client’s entrepreneurial needs and help our clients understand the different types of IP related to their specific business.
DETERMINE IP GOALS AND BUDGET
EmergeCounsel attorneys work with our client to memorialize the initial budget and goals.
We collect and organize client’s IP information from business plans, websites, products and/or service lines.
IP ANALYSIS AND STRATEGY
EmergeCounsel attorneys analyze the information collected in the Deep Dive and prepare a customized IP strategy plan to fit our clients’ needs and goals. The IP strategy plan is a long-term approach and includes filing, protection, and update strategy.
CLIENT REVIEW AND IMPLEMENTATION
EmergeCounsel attorneys and the client review the IP Strategy Plan and mutually agree on the strategy, cost and timeline. When possible, EmergeCounsel uses our TotalTM and flat fee processes to cost-effectively prepare and file the necessary prosecutions to effectuate the client’s IP strategy plan.
TRACK AND UPDATE
We utilize docketing and other software to monitor the status of our applications IP and maintain registrations. EmergeCounsel also continues to update the IP strategy plan based on new registrations, applications, or products and services.