Specialized Features for Intellectual Property

• Phase-based Patent Budgets
  Gather spending estimates by phases in the lifecycle of a patent prosecution (e.g. Preparation, Waiting Period for Office Actions, Prosecution, etc.), and then receive invoice audit alerts if spending exceeds the budget amount.
• Deadlines, Renewals, and Filing Calendar
  Rather than re-keying filing dates and deadlines provided by your firm, with Serengeti, you can allow your outside counsel to maintain a calendar for you in the system. You can then view a master calendar covering all filings, receive email reminders, and sync dates with Microsoft Outlook or Lotus Notes.
• Fixed-fee Billing Arrangements
  Input the fixed-fee amount that you have negotiate for a project and then let Tracker notify you if spending exceeds that amount. A one-click invoice audit allows you to reduce your approved amount to the agreed upon fixed-fee.
• Filing Outcomes, Duration, and Cost
  Tracker provides specialized fields for tracking filing status and outcome. It also benchmarks duration, cost, and complexity of each filing which feed IP trending and analysis reports (e.g. average duration and cost of patent prosecution by region).
• Consolidated Billing Matters
  Law departments with large numbers of IP matters spend significant time inputting and maintaining data internally. To alleviate this burden, Serengeti allows companies to create Consolidated Billing Matters and require their law firms to manage this data for them.
  
  For example, if Acme Inc. created a Consolidated Billing Matter for their worldwide ACME trademark, firms would create sub-matters for each country filing, to which they would post their invoices. This process reduces the administrative burden on companies while maintaining the same vital matter and spending information in the system.