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Practice Areas :
Intellectual Property
:
Managing Intellectual Property Assets
We believe that managing patent assets is a vital component of IP oversight. Once key IP assets are identified and protected, building and maintaining a strong patent portfolio is crucial to building a successful enterprise. A strong patent portfolio includes new IP assets and maximizes the values of those lying dormant. Building on the exceptional capabilities of our strong patent practice, we provide strategic guidance on the development, use and enforcement of proprietary technologies and holdings, and on the acquisition of new IP assets, with the primary goal of maximizing those assets for commercial benefit.
Patton Boggs also has significant experience assisting clients in mining patent assets, which involves two distinct tasks: assessing the financial value of the patents in the portfolio; and assessing the business and commercial value. Determining the financial worth of patents is challenging—valuation methods for IP are either rudimentary or overly complicated. Nonetheless, it is possible to obtain a rough valuation of IP assets by auditing, evaluating and assessing the commercial value of company patents in order to assure that these valuable corporate assets are generating value for the company. Our attorneys have the skills required to assist in this vital area of intellectual property management.
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