To our wonderful SWOT Law community,
We are over the moon to finally share our new service with you.
As we look forward to the post-covid era, there are many technological transformations afoot. More than ever, making sure your valuable intellectual property assets are in order is critical. SWOT Law has a well-established methodology for conducting IP Audits to do just that. A SWOT Law audit will protect your assets and drive future growth.
A financial audit is an important part of ensuring your business runs smoothly, but so is keeping track of your IP assets.
So, what does an IP audit look like?
It is comprised of a number of steps:
- Ownership Overview
- To protect and use your IP assets, you need to know what you own and what you are using from others. We will catalogue and document your IP assets. This can include inventions, know-how trade secrets, designs, trademarks, patent applications etc. We will also make sure you have processes are in place to capture IP assets in development.
- Disclosure Review
- Some ideas are too good to share. At this step, we will identify which assets will be kept as trade secrets, which will be filed as e.g patents or trademarks and which will be available for licensing. We will also make sure that you have processes for reviewing IP disclosures before publication outside your company.
- Freedom to Operate
- As a business owner or professional, you already have experience in combating whatever comes your way. We will provide a helping hand in the assessment of competitive, regulatory or validity threats.
- IP Protection
- We will review your current IP filings, helping you manage your portfolios and ensure you are getting the most out of your budget for your IP filings.
- Monetization
- In business, there is always room to grow! We will help you review how your IP assets are currently being monetized and identify opportunities for building upon or creating new revenue streams
- Gather Feedback and Apply Changes
- Perfection is a process of reflection. We are committed to delivering high-quality advice as your business needs continue to grow.
What are you waiting for?