Aligned Economics
Engagements Built Around Decisions, Not Time
MIM structures engagements around the client’s actual decision environment, operating needs, and portfolio reality. Our objective is not simply to move away from hourly billing. It is to build clearer, more predictable, and more useful economic relationships around the management of intellectual property.
Why Conventional Billing Often Misfits IP
IP is a long-lived, option-rich asset, but legal support is often delivered through models optimized around time spent and isolated tasks. That can create predictable problems: black-box billing, friction around routine engagement, fragmented decision-making, and weak alignment between legal activity and portfolio value.
Different Clients Need Different Structures
Project-based decision support for investor diligence and formation matters
Recurring strategic-advisory relationships for portfolio companies and operating businesses
Fixed-term assessment engagements for institutions or targeted portfolio reviews
Modular or broader managed-support structures where ongoing operational involvement is needed
Advisory and Production Work Are Not the Same
One of the principles behind MIM’s model is that ongoing strategic advisory work is different from formal production work submitted to third parties. Strategic partnership, portfolio governance, and decision support do not always fit the same economic logic as patent drafting, prosecution, formal diligence, or transaction documentation.
Predictability Without Losing Governance
Predictability is not the same as a blank check. MIM’s structures are designed to improve budget visibility while preserving discipline around sustained overuse, scope shifts, or complexity changes.
The Engagement Should Fit the Client
MIM works with clients to build engagement structures that fit their needs, decision points, and operating realities — not MIM’s preference for a single billing model.
What This Is Not
Aligned economics does not mean commoditized legal work. It does not mean every matter fits a fixed template. And it does not mean public pricing menus are the right way to describe sophisticated IP engagements. It means MIM is willing to design the relationship around what the client is actually trying to accomplish.