Volume 51, Issue 3
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Patent Portfolio Management in Uncertain Economic Times
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Article Published in Bloomberg Law Patent portfolios are excellent long-term investments, and it’s critical to review your portfolio during these uncertain economic times. James Coe, counsel at Hamilton Brook Smith Reynolds, says it’s important to resist the urge to shift toward short-term savings and outlines several ways to reduce patent-related costs, including reevaluating your patent filing strategy and shedding obsolete assets. With the global disruption the Covid-19 pandemic has caused to the markets and supply chains, your company may be addressing the economic uncertainty by either freezing or cutting budgets—including its patent spend. However, a patent portfolio is a long-term investment, and any cost-cutting measures should be viewed with that in mind. Click here to continue reading the full article to find out a few things you may want to consider to keep your patent-related expenses down.
2020 Ⓒ Boston Patent Law Association
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Patent Portfolio Management in Uncertain Economic Times
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