Lecorpio Reviews & Product Details

What is Lecorpio?

Trusted by the world’s most innovative companies, Lecorpio Intellectual Property Management provides a secure, web-based portal for centrally managing the entire IP lifecycle - from the submission of disclosures all the way through to the payment of annuities, and ongoing opposition filings, enforcement actions, arbitration, litigation, contracts, license agreements and more. And with robust reporting and analytics, IP departments are able to make data-driven decisions about what, where and when to file with a thorough understanding of the financial implications of those decisions, the potential risks, and opportunities for maximizing value. Available as stand-alone modules or as a fully-integrated suite, Lecorpio Intellectual Property Management includes: Lecorpio Invention Disclosure Management Speed innovation and simplify processes with this easy-to-use, web-based portal utilized by inventors to collaborate during idea development and to submit new invention disclosures. Configurable workflows facilitate patent committee approval processes and decisions are tracked for future reference. Lecorpio Patent Management Centrally manage all patent case history, including categorization and classification of filings, and all correspondence and associated documentation. Lecorpio Patent Management supports country-specific prosecution workflows, docketing management and USPTO integration. And with robust reporting and analytics, companies can quickly access the information that they need to make informed decisions. Lecorpio Trademark Management Provides discipline and structure to the trademark lifecycle by leveraging a centralized repository for all trademark information and activity, all supported by highly-configurable workflows. Lecorpio Annuity Management Leverage powerful reporting and analytics to make informed pruning decisions so that patent and family value, trademark value, history, and renewal fees can be considered before each patent or trademark is renewed or let go. Lecorpio General Matter Management Track all matter types including opposition filings, enforcement actions, arbitration, litigation, contracts, license agreements and more. With a flexible, easy-to-use interface and robust reporting easily create and manage new matters while benefiting from both standard and custom reporting capabilities. Lecorpio Spend Management Manage all IP-related financial data including invoices, budgets and forecasts associated with all outside vendors including counsel, agents, annuities, and vendors, from a single system.

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"A useful IP management tool that's still working out some kinks"

What do you like best?

Lecorpio is a centralized location for all information related to our patents and patent applications. Our outside counsel have access to information across a patent family and they upload new items directly into the system, which greatly simplifies reporting and docketing.

What do you dislike?

As a side effect of the high level of customization provided by Lecorpio, it has taken a very long time to get many little problems with the system solved. Docketing rules are not as complete as expected and require customization and babysitting.

Recommendations to others considering the product:

Be sure you are clear about your requirements and Lecorpio's capabilities early in the process; Lecorpio's sales team has a tendency to over-promise. Be ready for some serious headaches when you move from your legacy system. Be ready to dedicate a significant amount of time to the implementation process. Stay on top of your implementation team and make sure you get the customization you need.

What problems are you solving with the product? What benefits have you realized?

We are pushing the docketing and reporting functions to outside counsel to avoid the previous deluge of reporting emails. All reporting is now done through Lecorpio, which has moved us from reacting to email to proactively working through our docket based upon the importance of work items.

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Lecorpio User Ratings

Ease of Use
Average: 8.5*
Quality of Support
Average: 8.7*
* Intellectual Property Management Category
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