Intellectual Property
Intellectual Property Law Claims: Key Insights and Practical Risk Management Tips
Working in IP law requires meticulous attention to detail and proactive management of deadlines, documentation, and communication. In Ontario, the average IP claim costs about $45,000, and some claims can arise as late as 14 years after the original work was performed. With around 45 claims reported to LAWPRO annually, it is vital for IP… Read More »
Categories: Intellectual Property, Online OnlyIP Malpractice Claims Fact Sheet
Clerical errors are the most common cause of IP claims, representing one third of the claims in this area of law. Missed deadlines are also a very common cause of claims. However, the actual costs of these errors is relatively low as they can sometimes be repaired or there are no damages. The more costly… Read More »
Categories: Factsheets, Intellectual Property