Global Intellectual Property (IP) Litigation Risk Research Report

Global Intellectual Property (IP) Litigation Risk Research Report

In the U.S. alone, an average of 12,000 intellectual property (IP) cases are filed in federal court each year; to put that into context, each year there are approximately 6,400 commercial cases. But IP litigation is not limited to the U.S. alone. For example, in China, the number of IP cases filed in the first instance courts doubled from 2013 to 2017, and the Global IP Project estimates 1,300 cases are filed each year in Germany. As individuals and organizations continue to develop intellectual property at increasingly high quantities and paces, global litigation frequency will also rise…
While many companies appreciate intellectual property’s value, they have not yet extended the IP management function to include IP risk management – and, as such, have not quantified their own IP risk and its costs. Risk Management, Legal, Finance and Human Resources may all touch on IP and risk in varying capacities, but they typically do not take a coordinated, comprehensive approach to fully managing IP risk itself. Instead, costs to manage that risk tend to be siloed in Legal and Research & Development departments; as a result, the full context and benchmarking data evade companies, preventing them from determining how much they truly spend managing various IP risks. This is a financially costly approach that leaves organizations vulnerable.

Willis Towers Watson

July 24, 2018

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By |2018-07-27T11:45:14+00:00January 1st, 2018|Efficiency/Growth, Intellectual Property, Patents, Reference|