To help reduce risk for the organization, a multi-step legal review process should occur within the Portfolio and Program segments to avoid excessive delays a single point within the process.
Some of the items which might be covered within this legal reviews would be:
- Licensing of Intellectual Property (IP)
- Protecting and preserving organizational Intellectual Property
- Reviewing existing licenses and contracts for existing products and services
- Reviewing liability in new business models enabled by the new functionality
As an example, an Epic was identified in the Portfolio segment which would provide new functionality that the organization would like to protect through a patent. An enabler should be created for the portfolio team to provide the necessary documentation for the patent in collaboration with the legal team.
The documentation contained within this element is for informational purposes only and not for the purpose of providing legal advice.