Intellectual Property Management Solutions for Law Firms

Topics: Technology Escrow

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Law Firm Services:

Intellectual Property Development Protection Agreement

An Intellectual Property Developer Protection Agreement (IPDPA) from Iron Mountain helps to safeguard technology ownership, plus enhances and enables existing legal protection under copyright, patent, and trade secret laws. Law firms can utilize Iron Mountain as a trusted third party to document and time stamp intellectual property, ranging from source code to industrial formulas and everything in between. This technology protection service creates a genealogy of developed works that can be used to support due diligence and ownership claims, and establish date of creation.

Applications: In addition to preserving and documenting early stage IP and ownership, alternative uses include benchmarking departing employees’ work in case they are hired by a competitor, identifying who contributed what in collaborative projects and joint ventures, upholding NDAs, and preserving litigated IP for potential later enforcement.

Technology Escrow and Verification Testing

As a neutral third party escrow agent, Iron Mountain serves as a risk mitigation resource when two or more parties are negotiating a license for technology. Escrow and verification testing go hand-in-hand to help mitigate risks on both sides of the transaction and engender trust between the parties. Our technology escrow and verification services keep developers’ IP protected and compliant with their commitments, while assuring licensees of the best solutions to mitigate licensing risks.

Applications: Technology escrow protection safeguards everything from software source code to chip designs to hardware schematics to cookie recipes. Lawyers can leverage escrow in licensing transactions, lending securitization, in acquisitions, equity investment, etc.

SaaSProtection Continuity Services

Most companies today rely on SaaS solutions for one or more vital aspects of their business. But are your clients’ applications and data protected? Unique escrow-like services are available under Iron Mountain’s SaaSProtect offerings and leverage state of the art Recovery-as-a-Service (RaaS) technology to replicate applications and data, and guide providers and subscribers through contingency planning. SaaSProtect offers the most flexibility in terms of supporting failover, but more importantly SaaSProtect is the means to invoke and enable contingency plans to be executed – independently of the SaaS provider.

Applications: Our SaaSProtect services protect SaaS applications and data with contingency planning for SaaS deployments in single and multi-tenant environments. In addition to the protections for the SaaS subscriber, this service helps SaaS providers win business by overcoming risk objections.

IP Litigation Discovery Escrow for Protective Orders

Most companies today rely on SaaS solutions for one or more vital aspects of their business. But are your clients’ applications and data protected? Unique escrow-like services are available under Iron Mountain’s SaaSProtect offerings and leverage state of the art Recovery-as-a-Service (RaaS) technology to replicate applications and data, and guide providers and subscribers through contingency planning. SaaSProtect offers the most flexibility in terms of supporting failover, but more importantly SaaSProtect is the means to invoke and enable contingency plans to be executed – independently of the SaaS provider.

Applications: Our SaaSProtect services protect SaaS applications and data with contingency planning for SaaS deployments in single and multi-tenant environments. In addition to the protections for the SaaS subscriber, this service helps SaaS providers win business by overcoming risk objections.

Designated Third Party ("D3P") Compliance Services for SEC and CFTC Regulations

In the drive toward full compliance with the Security Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) rules for preservation of electronic records, such as SEC Rule 17a-4 and Section 17 CFR 1.31, many securities firms have overlooked a critical record keeping obligation: the designated third party, or D3P, requirement. Since 1993, Iron Mountain has been helping financial services firms achieve SEC compliance.

For clients that require D3P providers to ensure compliance with governmental regulation, Iron Mountain helps broker/ dealer (swap dealer) clients minimize their exposure and face their next audit with confidence.

Applications: Iron Mountain’s D3P service helps your clients remain compliant with SEC and CFTC regulations by providing certification on a number of record types including email and instant messaging, internal communications, trade records, prospectus information, etc.