The DEI challenges faced in the legal industry are magnified in the Patent sector. With low numbers of women and other underrepresented individuals in Chief IP Counsel and leadership roles, plus a limited pipeline coming into IP – this trend is set to continue. Patent law also brings into play the cultural biases that presume that only white males belong in the STEM fields. What are the steps to increased diversity in Patent Law?
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Patent litigation is continuously in flux and incredibly complex. The demands of litigation require an effective strategy to remain consistent as the litigation landscape changes due to an uncertain environment. The economic downturn added more layers which resulted in growth in certain areas of IP litigation while other areas such as operating company litigation remained constant. On the defense side, organizations have sought to revise their strategies due to the rising cost of litigation, while still maintaining the freedom to develop and launch innovative new products. Plaintiffs, on the other hand, have proven to be savvy, battle-tested, and ready to use international forums. Practitioners need to exercise caution on using PTAB proceedings while keeping an eye out for NPE litigation in other regions of the world.
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The lack of women and other marginalized individuals coming through the IP pipeline can be directly traced back to stereotypes and biases surrounding those who choose to enter STEM fields. These stereotypes and biases not only contribute to a lack of diversity, but also reinforce barriers regarding who is promoted to the executive level, and continue to create challenges even for those who are do manage to move into leadership positions.
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Effective patent portfolio management ensures a return on investment in the long-run, and also plays a part in excluding competitors from key markets. However, economic challenges continue to place pressure on IP budgets. Many patent portfolios are currently being restructured. How can patent owners prepare for heightened cost management? How will this impact IP strategies? How will already budget conscious filings impact spending on maintenance fees? A well-run portfolio gives the business the ability to protect market share, block competitors and create future opportunities.
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To create a rewarding legal career, one must seek out challenging and visible professional opportunities: Getting assigned to the right case, satisfying an important client, winning a big settlement. For women and other historically excluded individuals, however, finding these opportunities can be quite difficult. Effective sponsors and mentors are needed to push them forward. Behind closed doors, who is advocating for you and seeing that you are considered for plum assignments? What can you do to cultivate these very important relationships?
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Three rotating, 20-minute discussions hosted by a topic expert.
Roundtable 1: What I Know Now that I Wish I Knew then: Advice to My Younger Self
Sharon E. Roberg-Perez PH.D, Partner, Robins Kaplan LLP
Dr. Erica Pascal, Founder, Ingensity IP
Roundtable 2: Recognizing and Mitgating IP Traps in M&A Transactions
Sarah Schaedler, Partner, Orrick LLP
Jennifer T. Criss, Of Counsel, Orrick LLP
Roundtable 3: Strength in Neurodiversity
Helen Schweitz, Partner, Benesch LLP
No matter which side of the fence you are on, the PTAB is here to stay and devising an IPR strategy is key when considering co-pending district litigation and the PTAB’s continual discretionary denial practice. There is a strong need to continuously reshape the plan as the PTAB appears to be more efficient and consistent.
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