As a shareholder in an IP practice, you wear multiple hats. You’re running your own practice, managing the work of other practitioners, and you’re running a business with complex operating rules and very little margin for error.
Operational issues are a time-sink for practitioners, but critically important given that the most common and nightmare-inducing errors are typically administrative in nature. Preventing these costly errors requires that systems and rules be put into place across the entire practice. It’s not good enough that you’re being careful. Any operational errors that occur anywhere in the practice affect you, so it’s your responsibility to ensure good processes are in-place and followed everywhere.
At the same time, enacting change across a legal practice can be daunting. When a practice cannot agree on holistic improvements, they often resort to “quick fixes” that pile-up over time to create bloated processes that impact profitability and create new risks of their own.
Join us on Thursday, May 9, 2024, at 12 PM ET, for a conversation about patent prosecution risk. In addition to taking questions from the audience, our panel will discuss: