When to Audit Your I/P

Todd Mayover at the IP Counsel Blog writes that "In general, it is wise to conduct an IP audit at least once a year and sometimes more frequently depending on the size of the organization and the amount of intellectual property assets involved. Besides a regularly scheduled IP audit, there are significant events that may also trigger the need for an IP audit," including

• New Intellectual Property Management
• Transfer or Assignment of Interest in Intellectual Property
• Licensing Program
• Significant Change in Law, and
• Financial Transactions Involving Intellectual Property