The role of FICPI’s Practice Management Committee (“PMC”) is to provide guidance, tips and news on topics related to how intellectual property attorneys do business as IP firms or sole practitioners. 

PMC is organised into five working groups, each focused on a key topic:

  • Human Resources
  • Business Development and Marketing
  • Governance, Risk and Compliance
  • Technology
  • Finance

    Each of the groups supports all FICPI members in the development of their IP practices by:

    • Providing information and guidance to FICPI members about practice management; to support firms in their everyday business life and development.
    • Taking the lead in matters of continuing professional education, the promotion of standards and best practices and the profession as a business.Identifying trends in the profession and IP marketplace as well as challenges in the profession and offering targeted advice.
    • Dealing with practical issues relating to IP asset management, IP valuation, litigation insurance and the like.
    PMC is currently studying the following issues of relevance to the profession:
    • The influence of AI - survey circulated to all members - the results will be reported at the 22nd Open Forum in Madrid.
    • General Correspondence - preferences and opinions on how members address a recipient when sending (or receiving) general correspondence
    • Profit generation in IP firms – with the results of a major study were shared at the 21st Open Forum in London, October 2023 - the results of the survey are reported below
    • Reaction against the new competition from service providers (BRACE)
    • Pricing methods and fee structure
    • IP valuation - The FICPI Journal, Nov 2022; 1: 4-20 contains a powerful article on IP valuation
    • IP practice management benchmarking questionnaire
    • Best practices when automating workflow in an IP firm

    Read more about FICPI’s Practice Management Committee »

    PRACTICE TIP OF THE MONTH - Use a Password Manager

    Lightbulb

    Security is crucial, we are all using more and more digital tools that systematically need ids, passwords, codes, sentences, etc. the number is increasing and using the same passwords may create a security failure.

    So with so many different login credentials to remember, a password manager can help you keep them all organized and secure. 

    A good choice may be Roboform.

    On their website  they offer to try the company or personal package.

    or 1password which allows you to have separate accounts for different people, and centralizes everything.

    Book Club

    Atomic Habits Book Cover

    Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones

    Posted By
    Anne Lévy
    17 Sep 2023
    According to the author, our current habits can, in a way, predict our future. For instance, good financial habits could be instrumental in achieving a pleasant retirement. Likewise, good fitness and nutrition habits are essential for our future health. The author highlights the importance of small habits projected over time. The book provides tips to try to acquire good new habits and get rid of bad ones. #1 New York Times bestseller, 15 million copies sold around the world, and number one in Argentinean charts nowadays.  

    READ MORE

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