Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Patent Agreements Stock Art (Shutterstock)

Prior to acquiring or licensing a third party’s patents, a company should conduct due diligence to ensure that the patents contain enforceable claims with sufficient scope and that the patents are owned by the third party. Because of the associated time and expense, companies often wait until the details of a deal are nearly settled before asking their patent counsel to conduct its review. However, involving patent counsel early in the process allows for a more comprehensive review, and can provide the company with valuable leverage during negotiations. Clarifying the objectives of the deal with patent counsel allows them to provide the most helpful information in-house counsel in a cost effective manner.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.