SYSTEM AND METHOD FOR DETECTING, PROFILING AND BENCHMARKING INTELLECTUAL PROPERTY PROFESSIONAL PRACTICES AND THE LIABILITY RISKS ASSOCIATED THEREWITH

摘要

A computer-implemented method and a computer-based system for detecting, profiling and benchmarking Intellectual Property (IP) law professional liability risks and professional liability insurance risks and value associated with IP prosecution and maintenance processes for IP business entities, including IP law firms and independent IP professionals. The invention allows further an insurance firm to accurately quantify professional liability risk of a new or existing IP business client and to mitigate such risks. The present method involves accessing and collecting transaction data indicative of risk-reducing and risk-increasing behavior of an IP business entity from a National IP Office in a chosen jurisdiction and sending the transaction data to a back-end computer system for processing and analysis. In the preferred embodiment of the invention, the transaction data is collected from the USPTO PAIR system.