1. Managing Your IP Budget
2017 AIPLA Corporate Practice Brown Bag Series : "Building a Best in Class Corporate IP Practice
Interactive Discussion Session
Managing Your IP Budget
Best Practices, Tools & Tips

2. Meeting Your Annual IP Budget
How do you do it?
Prioritization of what IP to pursue/drop/place on hold
Strategic selection of IP assets to protect, and form of protection
Mapping business revenue to IP assets
Auditing and weeding out portfolio
Allocation of budget to different IP streams (business units, projects, etc.)
How do you communicate it?
To executive team?
To the business?
How do you track it?
Technology and tools for analyzing and tracking IP assets

3. Successful Budget Relationships with Outside Counsel
Difference between Filing/Prosecution vs. Litigation vs. other matters?
Fee Agreements
Hourly rates / fixed fees / other AFAs?
How successful?
How to improve process
Request For Proposal process
provide sufficient detailed information and set of assumptions for different scenarios/decision points to ensure firms can prepare realistic budgets and AFAs
Firm Selection
 Small/Large, Location, ongoing relationship vs. occasional specialist. 
Alternative Legal Service Providers

4. Managing IP Litigation Costs
RFPs
AFAs.
IP Litigation Insurance
Joint Defense
In-house Records Management and Document Retention Policy