Patent Pool Management

When a patent pool is created, two or more companies agree to cross-license patents relating to a particular technology. The pooled patents may then create a new or improved technology. Since the companies, which contributed the patents, may be involved in a business using the patents, it is important to use an independent entity to manage the activities of the pool.

To ease anti-trust concerns created by the pool members’ participation in the industry related to the patents, a party independent of all pool participants should manage, allocate and collect royalties on behalf of the patent pool participants.

To help patent pools with this, Miller Kaplan offers patent pool compliance and management services. Our services are designed to increase efficiencies and communicate with all pool members. Our patent pool services include day to day administration, current and prospective licensee communication support and assistance, financial management, royalty collection, allocation and compliance, financial reporting, income tax planning and tax return preparation. In addition to performing these services for our clients, we develop and maintain internal controls on behalf of the pool.

To discuss our patent pool compliance & management services with a professional or to schedule a consultation, please contact us online or call us at 818.769.2010.