Just three years ago, LexisNexis Group”a leading provider of comprehensive information and business solutions to professionals” in its own wordshad no formal patent process.
“We relied on the innovators, the inventors, to bring things to us, then we would move forward and get patents,” says chief IP counsel Steve Wildfeuer. Then new chief legal officer Kenneth Thompson arrived in 2005. By 2007 the division of Reed Elsevier Group had a patent review board, an incentive program that rewards employees for inventions, an intranet site giving information on the patenting process and the incentive plan, and life-cycle management of the patents the company does obtain. In-house IP attorneys attend senior management meetings of business units and meet with researchers to actively find inventions to protect.
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