Today, much effort is being expended in obtaining reduction in the cost of obtaining IP legal services. Fundamentally, all current efforts work within the existing law firm model. As such, a limit exists in the level of improvement possible because law firms are at their core businesses that have costs and need a certain amount of profit to remain viable. This article discusses a new business model for IP legal services called a "micro-firm." In a micro-firm, individual lawyers work directly with in-house IP counsel to provide high quality legal services at a fraction of the cost that can be profitably charged by a law firm.
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