Risk Management
The Reconnaissance team is very proactive in identifying, analysing, and reacting to risk factors that can be detrimental to your intellectual property assets. By taking into account IP risks, we can help you draft effective strategies that successfully safeguard your IP assets. A proper risk management framework not only minimizes the risk possibilities but also reduces the impact of any such adverse conditions on business.
What We Do
Reconnaissance is frequently instructed to carry out a risk identification exercise on all aspects of a client’s portfolio. This ensures that we are in alignment with the business targets of the client. There could be risks in prosecution leading to refusal of a patent, risks of oppositions or cancellations, infringement claims, counterfeiting, a lapse of rights, etc.
Reconnaissance provides measures to mitigate, manage or overcome these risks, as per the situation. Some examples include cross-licensing to avoid infringement of third-party IP rights, or acquiring rights through licensing or acquisition. Systemic, as well as one-off risks, are effectively detected and addressed by Reconnaissance.