The PCT Network has announced its partnership with The International Renewals Group to manage patent and trademark renewal payments with full transparency and accountability.
The partnership enables law firms and companies with extensive intellectual property to optimize and claim ownership over their renewal portfolios through the flexibility offered by The International Renewals Group—and, through its unique business model, significantly reduces costs compared to the competition – saving clients between 25-50 percent on their annuity payments – while upholding its strong level of quality and service.
The partnership provides a robust offering to clients that includes streamlined and simplified foreign patent filings, trademark filings, and now renewals. The PCT Network currently provides services in 150 filing jurisdictions worldwide for more than 600 intellectual property firms, and files and reciprocates 6,000 cases yearly among network members.
“Through our strategic partnership, The PCT Network members will now have access to our flexible member dashboard and our flex-invoicing platform,” says Ariel Davis, Managing Director, The International Renewals Group. “More importantly, firms will benefit from a user-friendly process and cost savings benefit as foreign filings are automatically docketed for annuity payments.”
With extensive worldwide resources for foreign filings, the PCT Network provides clients with an unparalleled level of service. This partnership continues to enhance that quality by placing all services for IP filings, and now renewals, under one roof. For example, members of the network can continue to benefit from a single point of contact and a more holistic approach to their IP filings.
“We are pleased to offer our network of attorneys renewal management services that will help them save on unnecessary costs, especially when filing foreign patents,” says Lauren Pick, CEO of The PCT Network. “More importantly, we can continue to create partnerships that will further enhance and create significant value to our members.”