Torys' Intellectual Property Management Group assists clients in identifying their intellectual property assets, formulating IP policies that are consistent with the company's business strategy, and establishing IP management infrastructures that enable clients to protect their assets, manage their risks and make business decisions in an organized and effective manner. As a result, clients are better positioned to capitalize on their intellectual property, including generating revenues from the exploitation of previously untapped IP assets.
Our intellectual property management services include
- conducting reviews of IP management practices and recommending alternative strategies
- advising on formulation and implementation of IP management strategies and corporate IP policy
- conducting intellectual property audits and reporting to management
- establishing and moderating IP management infrastructure
- reviewing IP portfolios to identify unnecessary expenses and minimize costs
- identifying and assessing infringements of intellectual property rights (freedom-to-operate and third-party infringements)
- assessing costs and benefits of in-licensing
- identifying and assessing additional revenue sources through out-licensing
- advising and representing parties to licensing negotiations
- monitoring and assessing the intellectual property of competitors
- educating management and employees on important intellectual property issues