Intellectual Property AuditsJackson Walker adds value to intellectual property
To help our clients develop an overarching strategy for their intellectual property, Jackson Walker attorneys conduct independent audits of intellectual property assets. These audits can include risk evaluations of intellectual property in order to recognize and manage risk.
An intellectual property audit can help educate clients on internal development and management of intellectual property assets, identify core and non-core assets, identify potential third party infringers and licensing opportunities, and ensure compliance with current intellectual property contracts, such as licenses.
Internal development may include identifying future technical challenges and targeting intellectual property to overcome these issues, addressing disclosure issues by inventors including procedures to preserve and protect trade secrets and potential patent rights, and optimizing research goals and patent filing procedures based on current corporate strategic goals.
External relationships can also enhance the value of intellectual property. An intellectual property audit can identify potential in-licensing opportunities and potential strategic partnerships and alliances.
These IP audit results facilitate development and strategic protection and enforcement of valuable intellectual property and to integrate an intellectual property strategy with the a client's business plan and litigation strategy so as to maximize revenue generation.