INTELLECTUAL PROPERTY AUDIT
Why carry out an IP audit?
IP audits are extremely useful for identifying what really
is valuable in a business. We can identify these and help
you optimise them through our IP audit programme, just as
the audits pre-Y2K made businesses aware of the software
they actually had.
An IP audit:
- would enable you to identify and anticipate
potential problems with IP;
- would help you to incorporate new IP rights into your
- efficient risk management of your IP portfolio would
maximise its value and security;
- an IP environment with enforceable protection would help
deter possible infringement;
- the risks of infringing the IP rights of other
businesses can be kept to a minimum.
With an efficient control system, new products are more
likely to be marketed within time and financial constraints.
How do we carry out an IP audit?
Firstly, we meet you to gather information about your
business, the existing controls for IP rights and their
perceived importance and how efficiently your risk
management system works. We then report on your firm's
business environment, the market for your products and how
they function in competition, and the way in which
exploitation of IP works in your field of business.
We then identify your major areas of risk and recommend
a course of action to minimise these, providing the
technical and legal expertise to effect it. We can also
help with insurance cover.