In difficult economic times, in-house IP counsel are asked to do even more with less. Although most companies recognize the importance of maintaining and building a strong IP portfolio and the significant risks associated with IP litigation, the stark reality is that companies must make difficult choices when faced with a diminished legal budget.
The New York office hosted its inaugural Foley Executive Briefing Series program, an informal, interactive discussion that will include insight from seasoned corporate IP managers on practical steps for responsibly managing reduced IP budgets, maintaining an effective IP portfolio, dealing with pre-litigation claims, and managing IP litigation.
Topics addressed include strategies for:
- Minimizing IP costs without compromising the company's IP position
- Cost-effective use of outside counsel for prosecution and portfolio management
- Handling pre-litigation claims prudently while minimizing costs
- Controlling IP litigation costs
The panel session was led by Steven J. Rizzi and Karin Segall, Foley Intellectual Property Litigation Partners, and Alexander Arato, CA, Inc. Vice President and Associate General Counsel.
Striking a Balance With a Reduced IP Legal Budget is part of the Foley Executive Briefing Series. Learn more about upcoming programs in the series at Foley.com/FEBS.