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:
  • Pricing Survey - survey circulated to all members - the results of this survey will be presented at the 22nd Open Forum in Madrid.
  • 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 »

LATEST PRACTICE MANAGEMENT ARTICLES

The Practice Management Committee (PMC) has created multiple opportunities this year for members of FICPI’s global community to explore the challenges and opportunities on the hot topic of profitability – and there is more to come in the 2nd half of the year.

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The Practice Management Committee (PMC) has created multiple opportunities this year for members of FICPI’s global community to explore the challenges and opportunities on the hot topic of profitability – and there is more to come in the 2nd half of the year.

READ MORE

We need your support! As you know, FICPI’s Practice Management Commission studies, develops positions, and makes recommendations on professional practice matters to maintain high membership standards. These matters include pricing processes in IP firms.

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We need your support! As you know, FICPI’s Practice Management Commission studies, develops positions, and makes recommendations on professional practice matters to maintain high membership standards. These matters include pricing processes in IP firms.

READ MORE

IP Legal Tech Centre

ChatGPT. DALL·E 2. These are two names, amongst many others, which are at the tips of everyone’s tongues these last few months, and rightly so, with the immense potential shown by the numerous disruptive developments in the realm of Artificial Intelligence. Such AI has shown the masses an entirely new way of how to interact with the digital world, and how to extract results.

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ChatGPT. DALL·E 2. These are two names, amongst many others, which are at the tips of everyone’s tongues these last few months, and rightly so, with the immense potential shown by the numerous disruptive developments in the realm of Artificial Intelligence. Such AI has shown the masses an entirely new way of how to interact with the digital world, and how to extract results.

READ MORE

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