A docketing system is usually a set of automated tools, which uses a database of country specific laws to determine the relevant due dates throughout the lifecycle of a trademark. An application is then entered into the docketing system by a legal person and monitored in the system throughout the process.
Why should you outsource IP docketing? There are a few reasons why.
1. Access to specialist tools
The cost of purchasing docketing program tools is prohibitive for many businesses. There are generally expensive to purchase because the cost of developing well-built targeting systems is very high.
2. Access to knowledgeable and experienced users
By working with a legal services provider you will have access to experienced specialists that deal with IP docketing programs every day. Given the potentially high cost of human error, it’s important that your docketing program is managed by an expert with knowledge and experience of the advanced tools you may require.
3. Reduce costs and resources
Selecting a high quality docketing system can be difficult and expensive, which can be a drawback for your business as your options will be limited. In any case, docketing systems also require constant monitoring and updates on the backend to ensure that the software and information are up to date. This means you would need to hire in-house specialists, which can also be expensive. If you’re docketing system is not managed correctly, it can result in even further costs to your business due to the errors we have just mentioned.
4. Timely responsiveness
When you input a trademark application through an IP docketing system, it requires a legal representative to pay constant attention to its progress. They also need to be ready to respond to any deadlines and changes to applications because any delay can result in high costs to a business. This is especially important when an IP asset puts your business ahead of your competitors. Using a designated legal services provider, you can ensure that your trademark applications are carefully managed by an IP specialist without putting unexpected burdens on your business resources.