As an entrepreneur or a decision-maker at a small to mid-sized company, you understand that IP and patent strategy must comprise a fundamental pillar of your business strategy. But, where do you turn for the expertise that you need to develop and execute on this IP and patent strategy? Up until now there have been only two choices: outside IP counsel or hiring of a full-time in-house attorney resource.
Experienced outside IP counsel is expensive, often costing $350 an hour or more. But, even if you did not care about the cost, outside IP counsel generally lacks the specific business expertise required to develop an IP and patent strategy. To obtain this specific expertise, you could hire full-time in-house IP counsel to work with your organization to develop an IP strategy, but this would likely cost you several $100K’s of multi-year headcount investment. In all likelihood, neither outside or in-house IP counsel is an appropriate option for your organization.
The Hutter Group offers a new option to business decision-makers who are not satisfied with the status quo for how IP services have been provided. Our Part-time Strategic In-House IP Counsel services allow entrepeneurs and businesses to obtain the same quality of in-house business IP advice that is available to your much-larger competitors. Borrowing from the business model of fractional share jet or luxury property ownership, The Hutter Group has developed this IP counsel staffing concept to provide your organization with the same quality of high quality in-house business IP advice as that available to corporations that maintain full-time in-house IP staffs.
Specific flat fees vary according to the number of hours of counseling desired per month. However, the effective hourly fee rates for the Hutter Group Team are significantly lower than average outside counsel fees for IP and patent professionals having comparable experience levels.
For those in competition with businesses with full-time IP staff or seeking to sell their assets to such a company, strategic IP counseling is a must.
Contact Jackie Hutter at 404-797-8124 if for more information about how your organization can get serious about your IP.