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In January, Hewlett-Packard Co. rolled out a new business group tasked with turning the company's 21,000-patent portfolio into a new source of income. HP assembled a special legal team from within, but also scouted outside for extra talent. After years of belt-tightening, corporate legal departments are starting to augment their ranks. Much of the new hiring involves licensing attorneys who handle IP transactions. The trend also underscores how in-house legal resources are being used to generate revenue.
May 05, 2004 at 12:00 AM
1 minute read
The original version of this story was published on The Recorder
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