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YourPatentGuy — Patent Attorney for Silicon Valley and San Francisco inventors
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2006 Damages Study

by YourPatentGuy on December 31, 2006

PriceWaterhouseCoopers has made a damages study available – a summary that asserts that damage awards are increasing and trial tactics are changing. You may use this link to sign up to receive the short 32 page brief study.

I found this study by reviewing this post. My comments to the post are reproduced below.

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Thank you for pointing out this PWC Study – I enjoyed the overview and agree with several points.

However, I have reviewed the study and find some points where I disagree with your characterizations. First, while 53% of the cases result in damage awards according to the study, since the study does not count injunctions, summary judgements, and motions to dismiss. The “success” of a plaintiff in achieving an injunction can sometimes be far more valuable than damages. In this case, the 53% damages figure from the survey does not directly support the assertion that plaintiffs “win barely more than one half of the time.”

Second, while the survey does assert that 30% of the damage decisions issued by US federal district courts were affirmed, the ‘other’ 70% were overturned, adjusted, or remanded. The survey does not indicate what happens in these 70% of the cases, from my experience the damage awards can be increased.

There are, of course, other costs of litigation not directly quantified in this survey, particularly the mind share and distractions of the executives and technologists in participating in the litigation. I am not sure that many people who have been sued feel victorious, no matter the outcome.?

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Patents meet ETFs

by YourPatentGuy on December 30, 2006

I am certainly not a financial advisor and I am not recommending that you invest in this product. I am writing about something that is new to me, and therefore I believe it may be new to some of you. (When I started working at Townsend and Townsend as a young associate almost 20 years ago as a patent prosecutor, my mentors would always stress that we (patent prosecutors) as a group are famously poor investors in new patents/tech. I have come to begin to understand why this is true – as it is quite tempting to focus on the technology rather than the business, market, and management metrics that can easily predominate over “cool tech” – one of the lessons I am trying to pass on to my clients).

Ocean Tomo (a group that has been conducting public auctions of patents for the last year or two) is offering what it asserts is the first intellectual property index. This index looks to be an ETF (exchange traded fund) and may be early in the testing phase, if you are truly a risk taker, patent evangelist, or ???.

ETFtrends has an article about the Patent Index here. Some basics on ETFs from ETFtrends can be found here?

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USPTO closed next Tuesday

December 30, 2006

In view of the official closing of the Federal Government offices in the Washington, D.C. metropolitan area, including the United States Patent and Trademark Office (USPTO), on Tuesday, January 2, 2007, the day proclaimed by President Bush as a National Day of Mourning, the United States Patent and Trademark Office will consider Tuesday, January 2, […]

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Patentwise, was 2006 a difficult year?

December 28, 2006

Last Friday, the USPTO issued a?

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Microsoft and RSS?

December 26, 2006

Today was a busy day for many bloggers, commenting that Microsoft had applied for patents on RSS or that Microsoft was going to get “the” patent on web feeds! As?

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As 2006 comes to an end…

December 26, 2006

we are about to launch our new website – www.yourpatentguy.com. In this space, I will provide some of my own views on the happenings in the world of patent law. This BLOG (or blawg) is just underway, please continue to check back. There are many people who have been blogging for a good long time […]

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