Overview
IP Value Revealed
Intellectual property assets are critical to a company’s value and market position. Yet many often fail to examine IP assets in a competitive or strategic framework.
Best LuminEdge delivers broad commercial intelligence which transforms how our clients understand their own intellectual property strategy and how buyers, sellers, and investors value IP assets in transactions.
Our Innovative Solution
Any intellectual property lawyer can perform IP due diligence – Best LuminEdge is unique. We use this tool to deliver broad commercial intelligence which most lawyers cannot provide and most clients would not think to request from counsel. Best LuminEdge illuminates an IP portfolio with this commercial intelligence to find a competitive and strategic edge.
Michael Best’s proprietary system combines a patented data analytics tool with the seasoned perspectives of our top-ranked professional team. With more than 160 lawyers, engineers, and scientists, our IP group covers all the bases in IP law and technology. We have the depth and technical skill to evaluate each owned and competing IP asset in a broader context – including patents, trademarks, and licenses. With these tools, we help you see the big picture and the competitive landscape, and provide you with actionable insights you can use to make smarter business decisions in transactions, portfolio management, long-term innovation strategy, and more.
Data + Skill = Actionable Insight
Our Approach: Showing You the Bigger Picture
Action-Oriented Advice
We provide you with a comprehensive report that includes a simple, actionable summary of our conclusions and recommendations for your decision makers. This report provides broad commercial intelligence that is unavailable to your competitors, giving you a strategic or pricing advantage. We’ve helped our clients evaluate potential investment targets, work through strategic planning, and better manage their IP portfolios. See what we can do for you.
Our report includes:
- A detailed assessment of the company’s patent, trademark, and/or technology licensing portfolio.
- A business-centric IP report, with a high-level summary, scorecard, and interactive map to give you an easily digestible picture of the IP assets.
- Analysis and ranking of opportunities to capture value in the IP assets, with recommended steps to improve ROI.
Deep Technical Knowledge
Michael Best’s internationally recognized Intellectual Property practice includes more than 160 practitioners. Not only are our lawyers, agents, engineers, and scientists deeply steeped in IP law—patent, trademark, copyright, trade secret, and licensing—we also understand the technology involved in a company's and its competitors’ IP assets.
Many of our professionals have advanced degrees in disciplines such as engineering, software, physics, biotechnology, and more. We also have direct experience working with the technologies we’re helping clients develop, leverage, and protect.
Strong Business Experience
Every transaction is different, and we treat it that way. As a full-service law firm, we adapt our approach to match your business goals. Our interdisciplinary team can provide you and your advisors with guidance on mergers and acquisitions, restructurings, joint ventures, and other corporate transactions, as well as financing and lending. And in the emerging business and tech space, where IP is often a core asset, our Venture Best group serves investors and startups.
Focus Areas
How We Can Help: Data to Drive Your Decisions
Here’s how our clients are using Best LuminEdge analytics to make smart business decisions.
Acquisitions
Considering an investment? Understand the strengths, weaknesses, opportunities, and threats inherent in your target’s IP portfolio, in the context of the competitive landscape, and how this affects company valuation.
Divestures
Thinking of selling off a division? Best LuminEdge will show you potential steps to consider to maximize your position pre-sale and help you get top dollar.
Strategic Planning
Understand what your competitors are doing, and where they are headed, and gain valuable insights about your own portfolio. You’ll be able to mitigate threats early on, spot gaps in innovation, and uncover untapped opportunities to capitalize in technology sectors or market areas.
Portfolio Optimization
Looking to streamline or strengthen your portfolio? We’ll show you opportunities to purge underperforming assets and power up your most valuable holdings to keep you focused on the future.
Experience
We Find What Others Don't
Michael Best identifies crucial factors that impact enterprise and asset value—information other analysts are not looking for and are unlikely to find. Using Best LuminEdge, we’ve helped clients uncover previously hidden risks and opportunities such as:
Potential litigation brewing between an investment target and a competitor, based on the convergence of patent filings in a common area.
Competitors with opposing patent strategies, suggesting the value of a merged company with a stronger overall patent strategy, the need for our client to remain independent but with a changed patent strategy or the need to invest where other competitors are not active.
- $500 million revenue target with no active inventors, suggesting the need to build the inventor team before closing.
- Discovery of unexpected future loss of licensing revenue based on expiration of foreign patents during license term.
- Revealing acquisition targets previously unknown to client.
- “Rembrandt in the attic” patent, which brought our client a windfall of millions in licensing revenue.
