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IP Litigation - dying?

Filings way down in 2014. New legislation (that will probab...
Razzle at-the-ready den persian
  02/19/15
Do you have something against IP? Why are you making these t...
Galvanic trump supporter faggot firefighter
  02/19/15
cr. IP does suck, but what's the point of making this same t...
trip headpube
  02/19/15
just trying to warn potential CS/EE bros who could live CRED...
Razzle at-the-ready den persian
  02/19/15
Wouldn't those bros with EE/CS go into pros or transactions?...
Galvanic trump supporter faggot firefighter
  02/19/15
pros. is boring as fuck and the profit margins are nothing n...
Razzle at-the-ready den persian
  02/19/15
tech. background doesn't get you a bump up in terms of jobs ...
flirting fuchsia chapel clown
  02/19/15
only true if you're a poli sci shithead who only does troll ...
indigo histrionic cuck
  02/19/15
Definitely. I've been reading that it is on XO for years.
lascivious site
  02/19/15
I didn't know xo heard IP lit cases
gay partner area
  02/19/15
...
lascivious site
  02/23/15
It's more changing venue than dying but yeah it's slowing do...
flirting fuchsia chapel clown
  02/19/15
I am planning to start a worm farm, personally.
mind-boggling stage place of business
  02/19/15
sigh, another weekly "IP law is dying" thread
Provocative Arrogant Principal's Office Water Buffalo
  02/19/15
We have to keep doing these threads, and the "law is dy...
mind-boggling stage place of business
  02/19/15
https://www.eff.org/deeplinks/2015/02/innovation-act-needed-...
excitant gaping school cafeteria
  02/19/15
Yup. it will absolutely KILL IP lit.
Razzle at-the-ready den persian
  02/19/15
...
Beady-eyed kitty double fault
  02/19/15
Troll litigation is dying (and w/ it the number of filings a...
unholy knife rehab
  02/19/15
what other areas is this happening with?
Razzle at-the-ready den persian
  02/19/15
This is correct. Moral of the story is if you want IP lit, g...
very tactful free-loading public bath
  02/20/15
how do you know what firms are dependent on troll work? is ...
Razzle at-the-ready den persian
  02/20/15
EE bros are only fucked if fee shifting happens. But the tri...
Thirsty theatre wagecucks
  02/23/15
study came out recently. The supply of patent lawyers is ex...
Provocative Arrogant Principal's Office Water Buffalo
  02/23/15


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Date: February 19th, 2015 11:54 AM
Author: Razzle at-the-ready den persian

Filings way down in 2014. New legislation (that will probably pass) will just completely kill this field. What are ex-IP litigators planning to do next?

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27348954)



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Date: February 19th, 2015 12:36 PM
Author: Galvanic trump supporter faggot firefighter

Do you have something against IP? Why are you making these threads every now and then?

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349206)



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Date: February 19th, 2015 12:54 PM
Author: trip headpube

cr. IP does suck, but what's the point of making this same thread every 2 weeks

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349276)



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Date: February 19th, 2015 8:16 PM
Author: Razzle at-the-ready den persian

just trying to warn potential CS/EE bros who could live CREDITED life as a coder dood/product manager against going to LAWLSCHOOL and going into IP LIT.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27351965)



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Date: February 19th, 2015 8:47 PM
Author: Galvanic trump supporter faggot firefighter

Wouldn't those bros with EE/CS go into pros or transactions? Why would they do lit? No exit opps bro. Your argument doesn't make sense.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27352218)



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Date: February 19th, 2015 8:55 PM
Author: Razzle at-the-ready den persian

pros. is boring as fuck and the profit margins are nothing now that clients are demanding fixed-fee work etc.

tech. background doesn't get you a bump up in terms of jobs in transactions.

so lots of EE/CS doods from non-T14s leverage their EE/CS backgrounds to get jerbs in IP Lit at firms they otherwise couldn't get. hence, EE/CS bros tend to go into ip lit.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27352285)



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Date: February 19th, 2015 11:43 PM
Author: flirting fuchsia chapel clown

tech. background doesn't get you a bump up in terms of jobs in transactions.

Wrong. IP transactions work is dominated by people with tech backgrounds.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27353669)



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Date: February 19th, 2015 11:55 AM
Author: indigo histrionic cuck

only true if you're a poli sci shithead who only does troll lit

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27348958)



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Date: February 19th, 2015 12:03 PM
Author: lascivious site

Definitely. I've been reading that it is on XO for years.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349007)



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Date: February 19th, 2015 12:16 PM
Author: gay partner area

I didn't know xo heard IP lit cases

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349111)



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Date: February 23rd, 2015 7:58 PM
Author: lascivious site



(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27378766)



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Date: February 19th, 2015 12:11 PM
Author: flirting fuchsia chapel clown

It's more changing venue than dying but yeah it's slowing down from the record pace of the past few years.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349079)



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Date: February 19th, 2015 12:14 PM
Author: mind-boggling stage place of business

I am planning to start a worm farm, personally.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349099)



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Date: February 19th, 2015 12:46 PM
Author: Provocative Arrogant Principal's Office Water Buffalo

sigh, another weekly "IP law is dying" thread

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349237)



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Date: February 19th, 2015 12:47 PM
Author: mind-boggling stage place of business

We have to keep doing these threads, and the "law is dying" threads. This is how we stop new people from entering the field, and taking are jerbs.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349244)



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Date: February 19th, 2015 2:09 PM
Author: excitant gaping school cafeteria

https://www.eff.org/deeplinks/2015/02/innovation-act-needed-more-ever-patent-trolls-roll

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349663)



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Date: February 19th, 2015 8:16 PM
Author: Razzle at-the-ready den persian

Yup. it will absolutely KILL IP lit.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27351970)



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Date: February 19th, 2015 2:41 PM
Author: Beady-eyed kitty double fault



(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27349926)



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Date: February 19th, 2015 8:50 PM
Author: unholy knife rehab

Troll litigation is dying (and w/ it the number of filings and parties for mid-tier firms to represent), but there will always be real competitor cases, especially in the pharmaceutical/medical industry. As seems to be the case in a lot of areas, it is the mid-to-lower tier biglaw shops that will get slower while the top firms stay pretty well fed.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27352243)



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Date: February 19th, 2015 8:56 PM
Author: Razzle at-the-ready den persian

what other areas is this happening with?

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27352291)



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Date: February 20th, 2015 1:28 AM
Author: very tactful free-loading public bath

This is correct. Moral of the story is if you want IP lit, go somewhere that is not overly dependent on troll work.

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27354255)



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Date: February 20th, 2015 10:25 AM
Author: Razzle at-the-ready den persian

how do you know what firms are dependent on troll work? is it like M&A where really only V5 gets real work in a downturn (obv. replace "V5" for whatever the top IP firms are, fish/Kirkland/Finnegan etc.)?

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27355366)



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Date: February 23rd, 2015 9:08 PM
Author: Thirsty theatre wagecucks

EE bros are only fucked if fee shifting happens. But the trial lobby won't let it happen. Once that happens in one area of law it'll happen everywhere and pwn all plaintiff work.

Otherwise we are fine.

But lol at the idea of it being okay if your firm doesn't do troll work. Do you think those that do will just sit there and no cut rates.

Also what firm doesn't do troll work?

(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27379346)



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Date: February 23rd, 2015 9:31 PM
Author: Provocative Arrogant Principal's Office Water Buffalo

study came out recently. The supply of patent lawyers is expected to HALVE in the next few years -- ppl with STEM degrees aren't going to law school...so even if patent lit falls off in demand, the supply is dwindling at an even faster rate

http://www.thefacultylounge.org/2015/02/the-curious-case-of-patent-jobs.html

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2561452

The Curious Case of Patent Jobs

An article in my SSRN feed caught my eye this week: Where Have All the Patent Lawyers Gone? Long Time Passing... by Kenneth L. Port, Lucas Hjelle, and Molly Rose Litman (William Mitchell; Schwegman, Lundberg and Woessner; William Mitchell student).

The paper makes a pretty bold assertion - that the number of new patent lawyers is going to drop by 50% in the next three years. This is not necessarily surprising - after all, new law student enrollments are dropping. But not by 50%. Further, their prediction is not just conjecture or fancy econometrics - they look at the number of LSAT takers qualified to take the patent bar, and find that only 600 in the whole country were so qualified this year. Given that about 80% of qualified law students actually enter the patent bar, the numbers are looking to be south of 500 in 2018. By comparison, the number hovered between 800 and 1200 between 2003 and 2014. So that's that. Then why is this a curious case?

There are two curiosities. Both are discussed in the paper, with the first more at length than the second. First, given growth in women in science and engineering, we should have been weeing more women patent lawyers and applicants. But, in fact, the paper finds that the percentage of men has been roughly stable. This means that, for whatever reason, women have not been as drawn to patent prosecution (you need not have a special degree to be a patent litigator, though it makes it harder to get that first job). It is unclear why a higher percentage of qualified women than men are turning away law school as an option.

This is tied to the second curiosity: patent law is one area where employment prospects are good* and are expected to remain so. The draft Article shows the growing number of patents, and despite patent reform that has reduced the value of patenting some, the number of applications continue to grow and have almost always been tied to growth in population as much as anything else.

In other words, there are jobs for patent lawyers, and we should expect growth or at least a less rapid decline in patent bar eligible students. I wish we had more students, because every year we have requests from employers that we can't fill. Of course, there's more competition for engineers now, too, so it's possible that young science and engineering grads can earn more on the open market. I don't know the answer to that.This site shows average starting engineering salaries at about $100k. Starting salaries for patent prosecutors is $75K to $95K with upper ranges in the $150K or more area for some, and more for prosecutor/litigator combos (which is most big firms). The long term upside may be much higher for lawyers, especially because that first job is easier to get.

Some critics will surely say that it's the crushing debt that holds people back, but if it is, then that's perception over reality. My experience is that math, science, and engineering folks do better on the LSAT, which means better scholarships somewhere, and ranking means just a little bit less if your very specialized career field is in demand - remember, we are talking about 500 students nationwide.

This leads us back to the curious case of women engineers. Given the many stories I read about how women engineers are mistreated in the workplace, I would think that an alternative career with time flexibility that is also potentially lucrative (though not without its own gender biases and glass ceilings) would be something to consider. Or at least to consider in equal proportions to undergraduate populations.

*I'll add a caveat here that it's harder to get a patent job in bio these days without a PhD, though most of my bio patent students were also employed by nine months after graduation.



(http://www.autoadmit.com/thread.php?thread_id=2812475&forum_id=2#27379531)