Innovative Methods for Corporate Legal Managers to Reduce IP Counsel Costs
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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 Innovations in Corporate IP Innovations in Corporate IP Management: Management: Methodologies to Reduce Methodologies to Reduce Outside IP Counsel Costs Outside 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.
Transcript of Innovative Methods for Corporate Legal Managers to Reduce IP Counsel Costs
Jackie Hutter, MS, JDChief IP StrategistThe Hutter Group LLC & Patent MatchMakerDecatur, GAWeb: www.JackieHutter.com www.PatentMatchMaker.comBlog: www.ipAssetMaximizer.comTwitter: @ipStrategist
Innovations in Corporate IP Innovations in Corporate IP Management: Management: Methodologies to Reduce Outside Methodologies to Reduce Outside IP Counsel CostsIP Counsel Costs
Today’s Legal Service Today’s Legal Service RealitiesRealities
Traditional Methods of Traditional Methods of Reducing IP Legal CostsReducing IP Legal Costs
Traditional Methods of Traditional Methods of Reducing IP Legal Costs Will Reducing IP Legal Costs Will Not Work TodayNot Work Today
Idea 1: Conduct a REAL Idea 1: Conduct a REAL AuditAudit
Idea 1: Conduct a REAL Idea 1: Conduct a REAL AuditAudit
Idea 2: Go Fully PaperlessIdea 2: Go Fully Paperless
Idea 2: Go Fully PaperlessIdea 2: Go Fully Paperless
Idea 3: Super-Charge Idea 3: Super-Charge Your StaffYour Staff
Idea 4: Do You Really Need Idea 4: Do You Really Need a Full-Time Docket Clerk?a Full-Time Docket Clerk?
Idea 5: Consider Micro-Firms Idea 5: Consider Micro-Firms for Routine Procurement for Routine Procurement TasksTasks
Idea 6: Hire Good Counsel in Idea 6: Hire Good Counsel in Low Cost MarketsLow Cost Markets
Idea 7: Forget What You Idea 7: Forget What You Thought You Knew About Thought You Knew About Buying IP Legal ServicesBuying IP Legal Services
