For rapidly growing innovative companies, intellectual assets (patents, trademarks, copyrights and trade secrets) are the ultimate source of competitive advantage. These assets usually underpin the company’s valuation and must be managed carefully. The person responsible for managing the IP portfolio must orchestrate and coordinate activities of inventors, outside counsel, in-house IP operations staff and external service providers. At MaxVal, we see our clients’ IP managers struggle with juggling docketing systems, spreadsheets and patent workflow management in general. As the number of patent applications and foreign filings grow, keeping track and being able to report on status becomes a significant problem.
MaxVal’s Litigation Databank contains a comprehensive database of over 71,000 cases from the U.S. District Courts, the Court of Appeals, the Supreme Court and the ITC. Litigation Databank subscribers can search cases, produce reports on cases and parties, set watches and download case related documents.
Max-IDS is MaxVal’s cloud-based, hosted, Information Disclosure/Reference Management solution. Max-IDS is much more than a form generator. Max-IDS stores your references in a centralized database together with information about the cases citing each reference. This promotes consistency, reduces confusion and makes ad-hoc solutions (such as individual spreadsheets) unnecessary.
Partnering with a Patent Life cycle Management Company lets you outsource routine administrative responsibilities. This allows you to focus your time and resources on strategy and achieving your business objectives. It is a big commitment with a big payoff. But how do you choose the right Patent Life Cycle Management Vendor?
Max-Insight is a suite of tools that is offered by MaxVal for patent professionals. The tools are designed to help with routine tasks that can consume a lot of a patent professional’s time.
The patent landscape is tougher and more complicated than ever before. The ever-increasing amount of patent litigation cases in district courts, federal courts, and PTAB trials and appeals courts is a clear indicator of the struggle inventors and companies face to secure their intellectual assets. Applying for a patent, getting it granted and monetizing it is harder than it was a decade ago. This state of affairs automatically makes the inventors and patent professionals obsessive towards competitor monitoring.
Patent attorneys and paralegals handle a sizable list of routine tasks for their clients every day. Some are minor but repetitive; some are complicated as well as time consuming. While it may not be possible to completely automate those complex tasks like drafting claims, prior-art search, proofreading or certain USPTO activities; it is feasible that certain simple tasks like patent term estimation, generating IDS forms or claim charts or even a mere litigation check can be done rapidly and efficiently by leveraging the power of online tools. These tools are the helping hands for Patent attorneys, paralegals and even for individual inventors, not only when they are looking to save time, effort and money, but also when they want to make some informed decisions.