Intellectual Property Management software is used by organizations to track and acquire trademarks, patents, copyrights and other intellectual property. Intellectual property management software centralizes client information, license agreements and competition filings in a single database. This type of software is used by legal firms to manage centralized databases of trademarks, automate processes, manage all stages of ownership and track breaches of copyright. This type of software can also help attorneys and IP law firms prepare for and conduct IP filings and litigation.