Today, Intellectual Property Management is a mature and increasingly important area of focus for innovation-driven companies and IP-centric law firms. As intellectual property owners have increased their pace of innovation, the need for increasingly capable IP Management systems has never been higher. This pressure has also impacted law firms which provide IP-related services. Client expectations and workloads are driving them to reevaluate their IP Management systems, leading to transformation in a historically slow-to-change segment of the legal technology market.
Our last MarketView™ report highlighted the intense consolidation taking place within the IP Management industry, and this report will show that this trend continues unabated. In this report, we will revisit this shifting vendor and product landscape, while also highlighting the important trends shaping the industry. This year, we are also covering IP Management solutions for law firms, delivering a complete view of an industry increasingly characterized by tightly connected law firms and companies.
Over the last several years, we have leveraged the term, Intellectual Property Business Management (IPBM), to describe the emerging and significant shifts in prevailing IP operational models from prosecution-driven lifecycles to business-integrated lifecycles. Throughout this report, we will continue to highlight the vendors which have embraced this model, supporting core business operations, strategic integration, revenue corroboration and corporate value with robust data-driven IP decision-making capabilities. Of equal importance, we will see how this model has evolved to also encompass law firms, who are being challenged to deliver higher degrees of efficiency and service levels to meet the needs of an increasingly demanding client base.
Hyperion’s MarketView™ Report on Intellectual Property Management Systems for Law Firms and Corporations provides a comprehensive review of the IPM software market for both law firms and corporate IP Departments. The focus of this report is on “end-to-end” IPM lifecycle systems. While docketing is, and always will be, a critical aspect of IP Management systems, our review focuses on solutions that raise the bar much higher, delivering powerful capabilities that address the broader IP management needs of the entire firm or enterprise. In studying and assessing the solution landscape, we encourage clients to use this report to gain perspective on the market and to develop an informed starting point for evaluating their specific and unique solution options.
Comprising over 260 pages, this report provides in-depth coverage of the following areas:
- Trends in the solution market
- Key Solution Components expected from leading law firm and corporate solutions
- Identification of solution providers across both disciplines
- Review and assessment of law firm and corporate Advanced Solution Providers
- Guiding principles for selecting and implementing solutions
Advanced Solution vendors covered in the report include Anaqua, Clarivate (all 6 IPM solutions now under the Clarivate banner), Dennemeyer, MaxVal, Patrix, and TM Cloud.
Purchase of this report includes a 60-minute briefing session. The briefing session provides an opportunity for your team to meet with our analysts to ask questions and address their particular areas of interest.
