High Return, Limited Commitment: Consider Engaging a Fractional or Interim Chief IP Counsel

Increasingly, small, midsize, and large companies are embracing pragmatic, unconventional ways of addressing internal gaps in intellectual property and legal expertise related to IP strategy, operations, and leadership.

For instance, companies are engaging fractional or interim chief IP, patent, or trademark counsel. This includes both companies lacking embedded IP departments, as well as others with such departments, but that have open leadership positions or are looking for fresh thinking to complement talents of their existing team.

Generally speaking, a fractional or on-demand attorney is a part-time or project-based legal professional who provides specialized corporate legal services to businesses without the need for a full-time hire. Unlike traditional in-house counsel employed by a corporation, fractional attorneys operate on a flexible, contractual basis, often on a long-term basis.

An interim attorney is similar to a fractional attorney, but the associated term of engagement is typically more time-limited, such as to tackle needs and challenges prompted by a vacancy or other transition.

Models for fractional or interim general counsel or corporate attorney placements can be adapted readily and effectively to the IP context.

Benefits to Companies

Fractional or interim chief IP, patent, or trademark counsel engagements offer a host of benefits, such as expert insights, leadership acumen, and management guidance, and flexibility, scalability, cost savings, and operational efficiency.

A highly effective fractional or interim counsel can help you align your IP efforts more closely with business objectives, identify and capitalize on opportunities, optimize your operations, empower your team, and drive higher outside counsel and vendor performance.

Quartal IP Offers Fractional and Interim Support

With over 24 years of IP and legal experience, including significant expertise as a chief IP counsel, chief patent counsel, and assistant general counsel, Quartal IP is well-positioned to fulfill your unique fractional or interim needs.

Please contact us if you would like to schedule a consultation to explore how we may be able to assist you.