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Patent Analytics for Cost Management

Patent prosecution is an expensive business, and keeping track of where your money is going can make or break the success of your IP initiatives.

Whether you are looking to avoid expensive patent prosecution or identify patents that are not worth their maintenance fees, Juristat provides the tools necessary to ensure your budget is driving growth rather than hindering it.

See how firms and companies use data to maximize profitability.

Predict high-cost prosecution

Applications with difficult paths to allowance can quickly become a drain on resources. Using data to predict and take early action on these problematic applications can shorten the usual timeline and save money in the long term.

Identify unnecessary maintenance fees

With Juristat, you can discover applications that may not benefit your organization and decide whether to keep them or drop them based on their alignment with your business priorities.

Choose an optimal office action response strategy
Companies demand that decisions are backed by analytical insight. Developing if-then parameters based on win rate data can standardize your team’s process, saving money in the long run.
Abandon applications unlikely to issue

The longer an application is pending at the USPTO, the more office actions it accumulates, and the more expensive the prosecution becomes. Examiner metrics can reveal if a lingering application is unlikely to reach an NOA.

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Control your spending with custom alerts

With custom application alerts, you can spot potential high-cost prosecution and make a plan of action to get ahead of it. Set alerts on your applications based on specified prosecution events, office action or response counts, and even examiner metrics. Plus, you can forward your custom alerts to other members of your team, your clients, or your outside counsel – making sure all stakeholders are on the same page.

Juristat clients use custom alerts to limit lengthy and expensive prosecution, for example:

  • Recommend a CON for a likely NOA
  • Take strategic action on applications with excessive RCEs
  • Identify applications that have surpassed their assigned examiner’s OA to allowance rate
  • Recommend an interview based on the assigned examiner's interview win rate

At-a-glace ROI reporting

With our ROI Dashboard, you can curb excessive spending as well as increase IP value. These calculations show how unnecessary office actions or appeals impact cost and how interviewing or filing a continuation or continuation-in-part impacts IP value. It’s an at-a-glance report that can have a big impact on your revenue.

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“There’s a lot of competition, lots of price pressure, and having these patent metrics helps us save our clients time and cost during the prosecution process.” 

Tracy Dann, Director of Marketing, Patterson Thuente IP

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Evaluate USPTO programs

Curious to see if programs like Track One improve your chances at an allowance? Could you be saving time and money by enrolling in the After Final Consideration Pilot 2.0 Program? Now it is easier than ever to evaluate the effectiveness of USPTO programs in Juristat.

With our document code filter, you can see the average allowance rate, time to disposition, number of office actions, and more for applications with your selected document codes.

Build side-by-side comparison reports 

Need to compare performance of your company or firm with a competitor? Or perhaps you'd like to see technology areas where your own organization excels? Our Intelligence reports make it easy to compare data on companies, firms, tech centers, art units, classes, and more. 

Learn more about using Juristat to gather competitive intelligence. →

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WEBINAR

Modeling Prosecution Spend to Optimize Quality and Budget

In patent prosecution, foresight and planning is key to reaching an allowance quickly and on budget. Identifying and taking action on high-cost prosecution can lessen the usual timeline and save money in the long term.

Watch the webinar.

Are you ready to transform your patent practice?

Whether it’s streamlining your processes, bringing consistency to your prosecution, or discovering potential new business opportunities – we’ve got the tools to make it easier.

Let's talk

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