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By Elizabeth A. Shah, Bookoff McAndrews PLLC and Bill Shaw, Biogen.

Original article published in Landslide Magazine, Volume 9, Number 1 ©2016 by the American Bar Association.

Due diligence projects often have rapidly changing parameters and tight deadlines. The realm of intellectual property (IP) is no different. The combination of high stress, high stakes, shifting goals, and time constraints can breed miscommunication and inefficiencies. To make matters more complex, due diligence projects often involve multiple parties and multiple departments within those parties, including business development, marketing, product development teams, and in-house and outside counsel, each with an array of timelines and objectives. Knowing how to deftly coordinate and communicate with in-house and outside counsel can mean the difference between feeling out of control and feeling prepared and level-headed.

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This article is for informational purposes, is not intended to constitute legal advice, and may be considered advertising under applicable state laws. This article reflects only the opinion of the authors and is not attributable to Biogen or Bookoff McAndrews, PLLC, or the firm’s clients.