In recent years, the US patent system has experienced an unprecedented overhaul. To protect, exploit and commercialize their intellectual property assets to the fullest extent, businesses must understand the ramifications of these changes and take proactive steps from the very beginning of the research and development process.
McDermott’s patent prosecution lawyers have significant experience in all aspects of patent-related intellectual property law, including the effects of recent judicial rulings as well as the new US Patent and Trademark Office (USPTO) inter partes review and post-grant challenge proceedings that are the result of the America Invents Act. Equally important, we understand our clients’ goals—and those of their competitors—and the business and legal strategies that can lead to long-term success.
Our IP portfolio and asset management team analyzes existing intellectual property assets, systems and distribution channels, and develops strategic plans to strengthen the protection and leveraging of clients’ creative output. We help companies identify new market opportunities and partners, and increase revenues and shareholder value. We also understand that the IP-financing well is not bottomless, and help our clients achieve these objectives without devoting large capital expenditures.
We regularly conduct evaluations of the patent rights of our clients’ competitors to help ensure that they can produce their products without infringing on the intellectual property rights of others. Our patent prosecution lawyers have an extensive working relationship with intellectual property firms worldwide, and often represent international clients before the USPTO to obtain valuable US patents. We are also engaged frequently as expert witnesses to assist other firms in litigation and to provide expert opinions on various legal and technical issues.