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Procurement Market Intelligence Report

Patent, Trademark & Copyright Law Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Patent, Trademark & Copyright Law Services?

What is the average price of Patent, Trademark & Copyright Law Services?

This procurement report includes pricing information to help you purchase Patent, Trademark & Copyright Law Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Patent, Trademark & Copyright Law Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Patent, Trademark & Copyright Law Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Patent, Trademark & Copyright Law Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Patent, Trademark & Copyright Law Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Patent, Trademark & Copyright Law Services?

Suppliers of patent, trademark and copyright law services operate in a highly fragmented market. According to the USPTO, there are currently about 45,366 active patent attorneys and agents in the United States operating within the scope of 11,805 law firms. Although there has been some consolidation among large law firms... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience

What percentage of court cases have you won?

How long have the lawyers who will be assigned to my case been working in the field of IP law?

Do I have the option to hire a more experienced lawyer through your firm?

How do you decide who will be working on each case?

Specialization

Do you have staff with any post-graduate degrees? If so, what are they?

How many lawyers employed at your firm are qualified to work on my case?

Do the lawyers assigned to my case have an adequate amount of knowledge to understand my needs?

How do you stay on top of the latest news and developments that have an impact on this market?

Regulation

How has the AIA impacted your operations?

Have you raised your rates as a result of the AIA?

Are the changes caused by the AIA likely to be temporary or permanent?

Has the rise in demand reduced the amount of time you can devote to each client?

Employee Turnover

How do you retain qualified employees?

Do you anticipate that staff turnover will affect my case?

How do you mitigate the risks of employee turnover?

What qualifications do you look for when hiring new staff?

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Key elements for every RFP

What should my Patent, Trademark & Copyright Law Services RFP include?

Project Budget

Buyers should specify their total budget for the service.

Buyers should state their preference for a pricing model.

Selection Criteria

Buyers should prioritize vendors that keep abreast of changes in laws and regulations pertaining to IP.

Buyers should prioritize law firms that are located nearby to reduce lead times.

Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.

Project Schedule

Buyers need to indicate the date when proposals are due.

Buyers should indicate the date by which the service must commence.

Buyers should specify the desired contract length and the potential for contract renewals.

Evaluate major factors to mitigate risk

How risky is the Patent, Trademark & Copyright Law Services supply chain?

The supply chain for patent, trademark and copyright law services presents a low level of risk, which benefits buyers. The majority of goods that law firms must purchase, including paper supplies, software, furniture, computers, scanners, printers and filing cabinets are readily available from office supply stores, computer stores and furniture... Subscribe to learn more.

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