IAM Magazine (Link to Full Article) It seems that this is the survey season for the IP world. After Lex Machina’s debut damages report in June (as well as its first annual patent litigation report released in May) and PwC’s patent litigation survey published earlier this month, BTI Consulting has issued its own analysis of the IP market. There are a couple of points in the BTI study that are worth highlighting.
The general counsel at over 175 Fortune 1000 companies and IP decision makers at top spending organisations that were surveyed expect to see the number of IP disputes that they settle to more than double in the next year. In 2013-2014 respondents said they settled 15.4% of cases. They forecast that to jump to 36.3% in the next year.
Now, of course, we may not see an actual doubling in the number of disputes that are settled but, as BTI President Michael Rynowecer pointed out, the key is the shift in attitude that it reflects. “Our experience from other areas of litigation is that it’s directionally significant and represents a change in mindset,” he commented.