The Anatomy of an IP Department Budget | Ep. #02

In this episode for the protectors of cool stuff, we are talking about money – more specifically IP budgets. What does a corporate IP budget look like and why does it matter? Tom Marlow explores the major IP budget line items and how they can be affected by budget cuts, growth, and other events. Tom Marlow is the Chief Technology Officer for Black Hills IP and is the President of Black Hills IP Renewals, our patent annuities management company.  Tom is a registered patent attorney and electrical engineer with a passion for IP systems.  Previously, Tom ran the IP department for a multi-billion dollar semiconductor manufacturing company where he oversaw worldwide IP strategy, enforcement, and procurement.  Tom taps his in-house and prior private practice experience to develop and deliver products and services that address known pain-points in the patent process.  Tom has spoken before diverse audiences from patent attorneys, to C-suite executives to engineers to startup founders on patent management, analysis, and strategy over the years.  Tom also has experience prosecuting and managing patent prosecution on a global scale and is the co-author of the Lexis published “US Patent Prosecutor’s Desk Reference”.  Tom was previously co-chair of the patent analytics and portfolio management department at the Minneapolis patent firm Schwegman, Lundberg & Woessner, P.A.  He received his law degree from Franklin Pierce Law Center, and Bachelor’s of Science from the University of Notre Dame. Black Hills IP offers a full stack of Intellectual Property Support Services for Docketing, Paralegal, and Annuity Management. Our services are enhanced by advanced technology that is custom-made for both Law Firm & Corporate organizations.