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The golden rule of auditing a patent portfolio is always, always, always relate your patent portfolio back to your client in terms of business. Most the people that I talk to are CTOs, CMOs, CFOs, and CEOs, and many times they’re not patent experts, so the number one thing I do in an audit and in response of a patent portfolio is to convert it into business terms that anyone can understand.
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Minneapolis patent attorney Mark Stignani discusses the golden rule of auditing a patent portfolio.