Risk Management from CPA Global

By: Cpa Global  09-12-2011
Keywords: Data Entry, Ip Management

But despite its importance, IP management is low-margin and time-consuming work, meaning that it often gets left to the last-minute or delegated to lower level, but non-specialist staff. That’s why many companies are seeking more intelligent methods of managing IP renewals, docketing and other administrative functions – one that allows them to guarantee their clients a risk-free service at a cost-effective price.

Common issues

Typographical errors, incomplete data entry, undocumented process and insufficient staff resources are just some of the common causes for missed deadlines or compromised IP Rights. But it’s not just in routine IP management tasks, such as data entry, docketing or IP renewals, that a company’s assets can be inadvertently compromised in this way.

Often IP departments simply inherit ‘bad data’ along with as part of the business’s merger and acquisition activity. IP portfolio transfers, in particular, are inherently risky, as they generally require companies to identify and rectify incomplete or erroneous data, and resolve chain of title or IP Recordal issues, generally under pressure of time, fees and resources.

How can I mitigate this risk?

Keywords: Data Entry, Ip Management

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Solutions

If you are looking to answer your needs such as increased budgetary pressure, clients demanding more or you need to reduce risk within your organisation, then speak with CPA Global, we have the solution. We've helped our clients reduce their costs, improve their services and overcome industry specific issues. CPA Global has been at the forefront of IP management for over 40 years.


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CPA Global - Maximising the value of your IP

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CPA Global - Doing more for less

Fixing or capping fees paid to external counsel only tackles part of the problem, and often puts unnecessary pressure on the in-house team by bogging them down with low-level, but high-risk work. By incorporating CPA Global's LPO services into the daily running of its legal department, Rio Tinto estimates that it will cut 20% from its legal spend in the first year of operation alone.


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Risk Management for Law Firms

That's why many law firms are seeking more intelligent methods of managing IP renewals, docketing and other administrative functions – one that allows them to guarantee their clients a risk-free service at a cost-effective price.


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Our Services

As a trusted leader in Legal Process Outsourcing and IP Support Services, CPA Global offers a comprehensive range of solutions designed to extend the capabilities of both law firms and corporate legal departments. You can also visit our solutions area to learn more how CPA Global can meet your needs.