Patent Lawsuits on Rise, Buying Spree Hints More To Come
Intellectual Property Partner David Donoghue was quoted in a Bloomberg Law article about the jump in patent infringement lawsuits. Recent intellectual property sales are hinting at a further increase. Even as the coronavirus outbreak disrupted U.S. courts and businesses, patent lawsuits in the first five months of 2020 increased 9% year-over-year, Bloomberg Law data show. The lawsuit pace is also up 5% from the same period in 2018.
“I think a large percentage of the increase in filings is accounted for by non-practicing entities,” said Mr. Donoghue. “For companies that haven’t seen enough patent cases to feel like they need a strategy, now is the time to develop one so that you are acting with some purpose and certainty when you face one of these claims.”