Principal IP Counsel

Welcome to Medtronic - a global leader in medical technology, services, and solutions. We are seeking a highly motivated and experienced Principal IP Counsel to join our team. As a member of our legal department, you will have the opportunity to contribute to our mission of improving the lives of millions of people worldwide. This role requires a strong background in intellectual property and a passion for driving innovation. If you are a strategic thinker, adept at managing complex IP portfolios, and have a desire to make a meaningful impact on healthcare, we want to hear from you.

1. Develop and implement intellectual property strategies and policies in alignment with Medtronic's overall business objectives.
2. Manage and oversee the company's extensive IP portfolio, including patents, trademarks, and copyrights.
3. Conduct IP due diligence for potential partnerships, collaborations, and acquisitions.
4. Provide legal counsel and guidance to internal stakeholders on matters related to IP protection, enforcement, and licensing.
5. Collaborate with cross-functional teams, including R&D, marketing, and regulatory, to identify and protect new inventions and technologies.
6. Stay updated on industry trends and changes in IP laws and regulations, and advise the company on potential impact.
7. Manage relationships with external counsel and oversee all IP-related litigation.
8. Develop and deliver presentations and training programs on IP matters to educate employees and raise awareness within the organization.
9. Identify potential IP risks and develop risk mitigation strategies.
10. Oversee the drafting and negotiation of IP-related agreements and contracts.
11. Work closely with business leaders to identify and prioritize IP opportunities for the company.
12. Represent the company in IP-related proceedings, including patent office hearings and oppositions.
13. Develop and manage IP budgets and resources effectively.
14. Mentor and train junior members of the legal team on IP matters.
15. Uphold the company's ethical and compliance standards in all IP-related activities.

According to JobzMall, the average salary range for a Principal IP Counsel in Minneapolis, MN, USA is between $200,000 and $250,000 per year. This salary range can vary depending on factors such as the size and industry of the company, the level of experience and qualifications of the individual, and the specific responsibilities and scope of the role.

Medtronic plc is the world's largest medical device company that generates the majority of its sales and profits from the US healthcare system and is headquartered on the island of Ireland.