A graduate of Gonzaga University, where he earned his master’s degree in organizational leadership, Chad Kluemper served as a senior program manager with Honeywell Aerospace. In this role, he identifies instances where a supplier issue causes a negative financial impact for the company before pursuing claims based on relevant agreements. Prior to this, Chad Kluemper worked as an intellectual property (IP) auditor for the same company.
IP audits help companies determine which of their assets need legal protection. They involve conducting systematic reviews of a company’s existing IP to preserve and enhance the asset’s protection. IP audits also help companies identify defects in their IP, as well as aid them in finding ways to put unused IP into action.
Companies engage IP auditors for several reasons. These include identifying the IP they own and finding ways to preserve and enhance the asset in question. IP audits can also prevent costly legal disputes by establishing what a company can and can’t do with its assets. In many cases, these audits help companies use their IP more profitably by identifying new markets and demonstrating when the company should take action against competitors that may be using their IP.
