Michael Best Enhances Freedom-to-Operate Analysis
Michael Best is taking a significant step forward by integrating cutting-edge technology to optimize their Freedom-to-Operate (FTO) analysis, ensuring that their clients receive expedited and accurate assessments.
Collaboration with MaxVal and ClearstoneIP
The national law firm Michael Best has recently partnered with MaxVal Group, Inc. and ClearstoneIP to revolutionize their FTO assessment processes. This collaboration illustrates Michael Best's strong commitment to innovation and client satisfaction, highlighting their desire to leverage advanced technology to meet the ever-evolving needs of their clientele.
MaxVal's Expertise
MaxVal is renowned in the intellectual property management realm, recognized for its comprehensive expertise in providing efficient solutions. Their team of seasoned analysts excels in preparing thorough FTO search reports, adopting the most advanced patent search methodologies and tools available in the industry. These detailed reports are efficiently delivered using the Clearstone FTO platform.
Streamlined Processes for Enhanced Efficiency
One of the standout features of MaxVal and ClearstoneIP's collaboration is the Clearstone FTO platform. This platform is purposefully designed to enhance communication and workflow between Michael Best's analysts, in-house and outside counsel, as well as their clients. The integration of this solution has enabled Michael Best's team to significantly expedite clearance reviews, harnessing pioneering visualizations and intuitive processes to streamline the assessment of FTO.
Transitioning to Advanced Systems
For years, Michael Best relied on a traditional in-house technology system. While effective during its tenure, it became increasingly cumbersome to maintain. Transitioning to ClearstoneIP represents a major technological advancement for the firm, introducing a cloud-based solution that incorporates sophisticated digitization capabilities.
Addressing Challenges with New Technology
The Clearstone FTO platform addresses several critical challenges faced by Michael Best’s previous FTO assessment methods. The introduction of this platform significantly reduces administrative workloads and enhances turnaround times without compromising the quality of output. Moreover, digitized annotations and a robust metadata tracking system ensure the precision and organization of intellectual property documentation, greatly benefiting both the firm's legal practitioners and their clients.
Leadership Voices on Technological Advancement
Kevin Moran, who chairs Michael Best's Intellectual Property Practice Group, emphasized the necessity of timely and transparent communication regarding IP searches. He remarked, "Our clients expect precise and prompt opinions, often in competitive timeframes. The partnership with ClearstoneIP and MaxVal not only meets these demands but also enhances our ability to deliver consistent, high-quality results swiftly. This platform has been expertly designed to align with our operational needs, and we are thrilled by the advancements it fosters."
Furthermore, Jason Schultz, the Chief Innovation and Technology Officer at Michael Best, expressed appreciation for the collaborative effort demonstrated by MaxVal and ClearstoneIP. He stated, "Their readiness to work closely with us and their willingness to adapt features and tools based on our feedback were critical in our decision to transition. This collaboration will not only fulfill our present requirements but also set us up for future achievements."
About Michael Best
Michael Best is firmly dedicated to the success of its clients, having established a reputation as a trusted strategic advisor. The firm boasts over 350 professionals, including lawyers and technical experts, who collaboratively engage through interdisciplinary practices to deliver exceptional service to clients worldwide. Their consultancy division emphasizes strategic business consulting, government relations, and corporate communications, effectively accelerating their clients' success.
About ClearstoneIP
ClearstoneIP emerged from a vision spearheaded by patent attorneys aiming to elevate the standards of digital FTO management. Their platform is tailored to streamline workflows, ensuring effective collaboration among vital stakeholders involved in the patent clearance process. Their aim is to facilitate innovation while judiciously managing patent infringement risks. With over 40 years of collective industry experience, they continually refine FTO management best practices.
About MaxVal
MaxVal operates out of Silicon Valley, providing technologically advanced IP solutions since 2004. As a trusted partner to patent operations teams and counsel, MaxVal's cutting-edge products empower clients to optimize patent lifecycle management with high standards of Customer Service.
Frequently Asked Questions
What is the purpose of Michael Best's collaboration with MaxVal?
The collaboration aims to enhance Michael Best's FTO assessment processes by integrating advanced technology that ensures faster and more accurate assessments for clients.
What benefits does the Clearstone FTO platform provide?
The Clearstone FTO platform facilitates faster clearance reviews, provides intuitive workflows, and enhances collaboration among legal professionals and clients.
What challenges did Michael Best encounter with its previous systems?
The previous in-house technology became cumbersome and inefficient over time, prompting the firm to seek a more advanced and cloud-based solution.
How does ClearstoneIP enhance intellectual property management?
ClearstoneIP engages stakeholders efficiently throughout the patent clearance process, promoting timely innovation while effectively managing risks related to patent infringement.
What distinguishes MaxVal in the IP solutions market?
MaxVal is distinguished by its cutting-edge automated solutions and its commitment to customer service, optimizing patent lifecycle management through technology-enabled solutions.
