IT/IP/ Life Sciences: Plan to profit
Lawyers spend their clients' money - no surprises there. But some intellectual property (IP) lawyers seek instead to make money for their clients by increasing their clients' profits or market shares. They specialise in developing strategic plans for their clients' IP and guiding them through the plan's implementation. Known in the US as IP 'counselling', it is an accepted practice area, but in Europe it remains controversial whether lawyers should give what is perceived to be business - and not legal - advice.
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