Results ❯  Legal & Compliance Consulting Solutions ❯  Aligning Intellectual Property Management with Business Objectives

Situation

The law department for an automotive company lacked a standard global intellectual property process, resulting in increased spending on outside counsel and limited visibility into how the IP work was allocated and handled.

Solution

Morae Global:

  • Refined and clarified the roles and responsibilities across in-house counsel and legal staff, including expansion of the intellectual property department to move a greater portion of patent prosecution work in-house.
  • Mapped all patents to their associated product offerings.
  • Implemented technologies to increase accuracy in internal reporting and to analyze the portfolio against the competitive landscape.
  • Unified intellectual property management processes globally.

Benefits

The company saved more than 30 percent in patent-prosecution costs as IP and business strategy became more closely aligned. It also gained from increased efficiency and effectiveness through the use of a consistent, standardized workflow.

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About

Morae Global is trusted worldwide to transform legal, risk and compliance through results-oriented and technology-enabled solutions, and reinvent the legal function as an efficient and integral part of the business value chain.

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