In-house corporate counsel and managers are routinely involved with license agreements, acquisitions, mergers, investments and/or an IPO. All of these transactions will involve intellectual property due diligence—an audit to assess your company’s IP assets. Forward-thinking in-house corporate counsel and managers adopt “GMP”—good manufacturing practice. Here, we will discuss six GMP tips for practicing ongoing IP management.
(1) Review employment and assignment agreements to ensure your company owns all the intellectual property rights.
