the two biggest causes of intellectual property claims in North America at firms of all sizes are missed deadlines (15.8%) and clerical errors (14.0%)
Ottawa, Ontario (PRWEB) April 24, 2015
Madridfiler® today announced its “IP Data Risk Control” campaign, officially launching its new approach that focuses on risk control tools for minimizing lawyers’ professional liability exposures, with the release of IPVDOCKETS™ - an intellectual property risk control tool - and a new website interface with product enhancements.
“IP Data Risk Control” is an innovative approach to managing trademark data errors and lawyers’ professional liability,” said Bayo Odutola, a leading trademark lawyer and Madridfiler’s CEO, “it’s about minimizing the financial and professional liability risks in trademark law practices and companies”. Madridfiler is known as a productivity platform. But one of the end goals is to guard against professional liability exposures in trademark law practices: the two biggest causes of intellectual property claims in North America at firms of all sizes are missed deadlines (15.8%) and clerical errors (14.0%). This means having risk control tools that manage the inherent risk to brand owners and law firm IP practices.
New Website Interface & IP Risk Control Tools
The new Madridfiler website interface and platform is a fundamental shift — providing audit and risk control tools specifically designed for intellectual property law firms and lawyers’ professional liability insurance risks.
In this major product release, geared to IP lawyers and law firms, IPVDOCKETS’ global deadline entry, calculation and audit platform allows users to detect data entry errors, deadline miscalculations or un-processed deadlines. It complements existing docketing systems.
This risk control tool dramatically reduces the reliance on manual data entry, failure to enter or improper entry of the information or due date miscalculations with foreign agents. IPVDOCKETS totally automates the audit and validation in the docketing process. It saves time and significantly reduces costs.
Preferential Pricing for Law Firm Clients of Select U.S. Insurers
IP law firm clients of select U.S. professional liability insurance carriers with risk control programs receive preferential pricing.
Madridfiler is offering a 45 day free trial for users. Contact info(at)madridfiler(dot)com to obtain a free portfolio number.
Madridfiler provides risk control tools to brand owners and trademark professionals to help reduce or eliminate data entry errors and deadline related liability exposures. Launched in 2012, Madridfiler’s risk control tools identify, measure and manage various types of risks inherent in trademark law practice operations.
In addition Madridfiler’s tools: generate e-file ready trademark applications for use in another national office’s e-filing system (NEWBRIDGE™); provide automated electronic delivery of office action/refusal documents from multiple jurisdictions from one single source (IPVREFUSALS™); and automatically manage and obtain fixed fee quotes to respond to refusals from multiple jurisdictions (QUOTIA™).