IP Legal costs are rising, and traditional methods are no longer sufficient. With shifting client demands, reducing costs in the patent process has become increasingly challenging. Recognizing this, CHIP Law Group, a top-tier firm, partnered with Sagacious IP to create the Hybrid IP Workflow. This innovative model blends CHIP Law’s legal expertise with Sagacious IP’s technical skills, creating a streamlined, cost-effective patent process.
This hybrid model offers a more cost-conscious and practical approach to patent drafting and prosecution, delivering enhanced efficiency and profitability for your diverse clientele.
Significant Cost Reduction
Efficient Workflow Management
Streamlined Process
Increased Proficiency
Scalable Solutions
Client-Centric Approach
One of the top patent filers sought to enhance patent quality over quantity while finding cost-effective solutions to support this shift. Their primary goal was to ensure their patents had strong licensing potential, but the high costs of working exclusively with a U.S. law firm made this challenging. To address their needs, they chose the hybrid model of CHIP Law Group and Sagacious IP that combined cost-efficient drafting and prosecution services with Sagacious’ expertise in incorporating a licensing perspective early in the application process. This approach successfully met their expectations, balancing quality, cost, and strategic value.
- 100+ drafts per year
- 60% average cost reduction per patent ($650,000 annually)
- 80% of the applications require no revisions from Inventors/In-House Attorneys
- 100% of software applications written considering Alice test
- 30 days or less from reception of invention to filing of complete application