Lane Powell Client NetSuite Named as One of The Recorder’s ‘2015 Legal Departments of the Year’
Lane Powell client NetSuite has been named as one of The Recorder’s “2015 Legal Departments of the Year.” The award recognizes outstanding in-house legal teams at California companies who use innovative and effective approaches. NetSuite received the “Patent Strategy” award in the “Emerging Companies” category for designing a patent-tracking system from scratch using their own enterprise software. View the full list of award winners (note, you will need to create a free account).
Lane Powell Shareholder Alan Minsk has worked extensively with NetSuite to develop and manage its patent portfolio. This includes serving as the exclusive virtual in-house patent counsel, identifying potential innovations, assessing the patentability of innovations and procuring patents for the company. As a result of these efforts, NetSuite has a valuable and growing asset that may be used to obtain leverage in business negotiations.