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Benefits

Reduce administrative overhead
All participants maintain a single set of records. The data is entered only one,
each participant has access to the latest and accurate data from a centralized
location.
Improve budget planning and forecast
Manage budgets, monitor any unapproved extensions on filings, gaps between estimates and actuals.
Improve performance
Streamline frequent administrative processes with easy to use, rapid and
automated workflows for domestic and international filings, prosecution and
maintenance.
Manage risks and rewards
Perform graphical analysis interactively on your patent
portfolio to understand gaps in innovation, competitive intelligence and
opportunities for in-license and out-license.
Manage institutional knowledge
Share
knowledge on filings and intellectual assets internally and with law firms and across the
extended enterprise.
Understand productivity
Gain real-time analytical insight into the productivity and performance of the
law firms to improve decision-making.
Capabilities
Centralized repository
Patent case information is centrally organized into electronic case files. All correspondence and emails between
attorneys, inventors and other case participants is stored in the electronic
case file to provide a single source of all relevant information.
Prosecution workflow management
Prosecution actions include specific templates and workflow for each prosecution
action. The examples include restriction requirements, office actions, response
to office action, other PTO correspondence, notices of allowance, checklists,
allowed claims, etc. These documents may be in Word, Excel, Visio, PDF, TIFF or
other formats. Official correspondence is stored as unalterable images in the
exact form they were filed in or received from the patent office.
Docketing management
Docketing management is fully integrated with case files, docketing
is automatically associated with cases, and the user can instantly
link from docket to the case file, or from case file to docket.
The system provides patent statutory country rules for several countries. You
can also add your own custom docket generation rules.
Spend management
Patent prosecution management provides comprehensive budget, estimates and
actuals management for each task performed by law firms. Each estimate provided by law firms goes
through a review and approval process. This provides a complete and most up to
date budget situation.
Patent portfolio management
Create, manage and analyze your portfolios and cluster them by technology areas,
product groups and other business factors.
Annuity review and approvals
The annuity review and approval process can be triggered at a pre-determined
schedule and let participants provide their input to the decision. This
streamlined process saves a lot of money spent un-necessarily on maintaining
non-core patents every year. You can also produce an output to your annuity
service provider in their required format.
Robust analytics
The integration of Lecorpio business intelligence capabilities reveals the
hidden factors driving patent portfolio management. Allows report configuration,
customization and real-time reporting.
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