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 »

    LATEST PRACTICE MANAGEMENT ARTICLES

    The survey conducted by Walker Clark LLC for the FICPI revealed insights into the profitability of intellectual property practices, particularly in the context of recent global events and changing market dynamics.

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    The survey conducted by Walker Clark LLC for the FICPI revealed insights into the profitability of intellectual property practices, particularly in the context of recent global events and changing market dynamics.

    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.

    READ MORE

    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

    Upcoming Meetings

    Event Image

    2024 // FICPI-UK Dinner Meeting with AIPLA

    Brasserie Blanc, 119 Chancery Lane
    London
    WC2A 1PP
    United Kingdom

    06 Jun 2024
    Join colleagues and friends in private practice in the UK and guests from AIPLA for a FICPI-UK dinner meeting at Brasserie Blanc in Chancery Lane, Central London.
    As part of the ongoing efforts of PMC to build on the successful session in London with Norman Clark, FICPI will hold a further two identical symposia with Norman to continue exploring the topics of profitability. This 7th June event takes place at 15:00 Central European Time.

    Upcoming PMC Webinars

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