Welcome back from the networking break! The Patent Law Institute live blog continues with coverage of the panel, “What’s Keeping Corporate Counsel Awake at Night?” This panel features Mark Costello, Alyssa Harvey Dawson, Colm J. Dobbyn, David W. Highet, and David M. Shofi. These panelists spend time discussing the effects of court decisions and USPTO activity and what a corporate counsel’s concerns are regarding newly enacted legislation. Here are the highlights:
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There is virtually no growth in the markets of the U.S. and Europe, so there is still a push to enter markets while being under economic restraint. The idea is to protect your company while reducing the costs.
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If you can become an exceptional trade secret specialist, your future is set.
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Patents are the currency in the technology industry, so companies need them in their American portfolio.
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Concern is about getting great outside counsel that companies can build a good relationship with.
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The fluidity of ex-employees and new employees causes companies to be very concerned about who is being brought into the business.
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Litigation budget runs without an explanation are dangerous and signs of poor business.
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A balance has to be achieved when litigating with an NPE. What is the most pragmatic decision for your company? For many corporate counsel, patent troll litigation is sometimes the biggest headache.
Tags: Alyssa Harvey Dawson, Colm J. Dobbyn, Corporate Counsel, David M. Shofi, Mark Costello, Nanette S. Thomas, Patent Law Institute 2012, PLI, USPTO
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