Trexo Global’s latest blog discusses best practices firms should adopt when managing growth within their IP group, as well as risks to avoid today if there is a downturn in work at your firm in the future.
IP groups are adding laterals at a rapid clip, which for many firms is an encouraging sign that their services remain vital and valued in an evolving economy. But growth also raises important questions: Are law firms scaling headcount too quickly, and what risks come with that? While work is growing today, IP departments are concerned that companies may reduce IP filings in the future…begging the question, should they add more headcount right now? If not, how do they manage the influx of work?
Read here how firms can plan for growth within their IP group – whether it is permanent or short-lived.
