Legal finance trends: IP & patent
Summary
2020 has just begun, and the cost and duration of IP litigation is at an all-time high. Research published last year by Morrison & Foerster revealed that annual spending on IP litigation reached $3.3 billion, up from $1.7 billion in 2005. While total spending has grown, however, the average number of patent disputes per company has decreased—signaling a sharp rise in the average cost of IP matters.
It is no wonder then that in 2019 we at Burford saw a surge of financing inquiries from a wide range of patent owners: Large companies, venture-backed start-ups, universities and international companies—all demonstrated growing interest in financing IP claims. W…
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