The Intellectual Property & Science business of Thomson Reuters has announced the launch of a new service offering called Virtual IP Office (VIPO) to address the growing demand for legal process outsourcing.
VIPO makes dedicated technical and administrative Thomson Reuters IP specialists available to in-house and outside counsel, at a fraction of the cost of full-time professionals, to augment patent preparation and prosecution, due diligence and IP administration efforts. Depending on the volume of filings, clients can extract savings of 40 to 60 percent, with $500,000 USD a reasonable target for organisations with as few as 100 annual filings.
Key features include Process & Operational Review; Operational Efficiency & Quality Control; Information Security & Systems Resilience; IP Knowledge & Industry Experience; and Industry Leading IP Technology, Data & Tools.
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