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The real value of a possible acquisition or joint venture partner is often in the potential of their next invention. As advisers, patent managers, and intellectual asset strategists, it is critical that the methodology and tools used for assessing patent quality accurately reflect a would-be ally's technological potency.
Recent studies have drawn positive correlations between the increasing or decreasing quality of a company's patent estate and its stock market value. Lanjouw and Schankerman, Economic Journal, 114 (April), pp. 441-465. Patent quality, in the broadest sense, is most often tied to the frequency a patent is cited by other patents. Hall, Jaffe, and Trajtenberg, Royal Journal of Economics, Jan. 2004. One study correlating market value with forward citations found that patents valued at $1 million received an average of about eight citations, while patents valued at $100 million received an average of about 14. Harhoff, Narin, Scherer, and Vopel, Review of Economics & Statistics, Vol. 81, Issue 3, August 1999, p. 511.
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.