Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Rapid IP Strategy Development

By H. Jackson Knight
January 30, 2009

We expect “it” now, whatever “it” is. We expect technology to help us make “it” immediately available. We think that way about so many things, it is not surprising that many expect IP strategy to be quickly developed. We are accustomed to a rapid pace. We jump through hoops. We make it happen. We hurry to complete and electronically file patent applications; we hurry to complete and e-mail agreements for signing. Everything seems to be a RUSH.

The time it takes to develop a good IP strategy depends on the complexity of the situation or issue. For example, whenever a patent application is filed, there is a strategy for drafting that application. However, this strategy is normally done quickly because the issues are generally straightforward and limited in number. An IP strategy for a business, a technology area, or a line of newly developed products requires more time because there are more issues and they interrelate in a complicated manner. A strategy for handling an adverse or blocking patent could be even more complicated and require even more time, and could involve development of an additional licensing strategy.

Read These Next
Bankruptcy Sales: Finding a Diamond In the Rough Image

There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.

Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs Image

A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.

Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It Image

Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?

A Lawyer's System for Active Reading Image

Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.

Blockchain Domains: New Developments for Brand Owners Image

Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.