"Strategies and best practices for patent litigation budgeting"
Below is an excerpt:
Patent litigation in the US can be expensive and time consuming. According to an American Intellectual Property Law Association Economic Survey, the average cost of a patent infringement suit with damages between $1m and $25m is $1.4m through the end of discovery and $2.6m through trial. Managing litigation costs is often critical to a successful outcome – no matter how that is defined. Whether you are the plaintiff or defendant, the following practices can be implemented to manage patent litigation costs.
Originally published in Intellectual Property Magazine, May 2015