The global economy may be sinking, but in the world of patent litigation the lure of ton-of-gold verdicts is still a reality, making growing firms hungrier than ever for rich intellectual property clients. Well, make those rich IP litigant clients.How coveted? In November the flash memory provider Spanion Inc. filed two separate patent infringement complaints seeking treble damages against Samsung for violations totaling more than $30 billion in global revenue for Samsung since 2003.However, as general practice firms raid others’ profitable IP practices or merge with IP boutiques to procure the golden litigation egg, some attorneys suggest those firms are killing the goose—a full-service intellectual property practice.Cherry-picking IP litigators from successful full-service practices doesn’t always equal triumph for expanding general practice firms. “That is a shortsighted approach and is usually short term and unsuccessful,” warns Brian Rupp, who heads Drinker Biddle & Reath’s electrical patent practice in Chicago. “The proper way is to provide a full-service IP practice—litigation, prosecution and transactional—and let it be headed by an experienced IP practitioner and supported by the firm.”Rupp says the struggle of integrating a full-service IP practice into a general firm model is a topic he talks about a lot with other attorneys…. Read full this story
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