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Patent Monetization: How to Generate Revenue from Patents


Level: Advanced
Runtime: 62 minutes
Recorded Date: October 05, 2023
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Agenda

  • The wide variety of funding mechanisms for financing patent monetization efforts that require little or no up-front investment from the patent owner.
  • How patent owners can leverage such funding to engage in licensing or litigation effectively against large infringers in ways that would not be possible without external financing.
  • Strategies for building patent portfolios that are designed from the outset for maximum monetization value.
  • The types of patent monetization campaigns that are most appealing to funders.
  • The types of expenses a funder will pay for in a monetization campaign.
  • The growth of markets for selling and licensing patents without litigation.

For NY - Difficulty Level: Experienced attorneys only (non-transitional)

Description

Unless you have a plan for how to use your patents, they can wind up simply as expensive pieces of paper. Instead, you can use patents as a significant source of revenue, whether from licensing, sale, settlements, or judgments. Most patent owners, however, are unaware of this. As a result, they leave the revenue that can be derived from those patent portfolios on the table.

And there are various ways that you can unlock the value of your patents, even if you do not have the capital do so.

The panelists, which include a patent attorney, patent litigator, and patent monetization funder, all with extensive experience in managing and monetizing patent portfolios, will explain a variety of approaches for generating revenue from patent portfolios, in an interactive discussion based on the most common situations they encounter. Bring your questions about the options that are available to you or your clients for an engaging conversation about the latest strategies for maximizing profit from patent portfolios.

Provided By

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Panelists

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Russell J. Genet

Director
Longford Capital Management, LP

Russ is a Director at Longford Capital, responsible for investment sourcing, underwriting and monitoring. Russ has over 25 years experience representing clients in enforcing intellectual property rights in a wide array of industries. He has litigated complex intellectual property matters in federal courts throughout the United States and before the Federal Circuit. He has also prosecuted patent applications and represented clients in interferences, ex parte reexaminations, and inter partes reviews in the U.S. Patent Office. Russ has been recognized by Chambers for Litigation Finance in IP, LawDragon as Global Leader in Litigation Finance, and as an Illinois Super Lawyer.

Prior to joining Longford, Russ was a partner in the international law firm, Nixon Peabody LLP where he served as leader of the firm’s national IP Litigation practice group. Russ is a graduate of Purdue University, with a degree in electrical engineering, and Chicago-Kent College of Law.

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Benjamin M. Stern

Partner & Co-Chair, IP Litigation Practice
Nutter McClennen & Fish LLP

Benjamin M. Stern is a partner in Nutter’s Litigation Department. He focuses his practice on patent litigation and has extensive trial experience representing multinational and entrepreneurial companies in federal and state courts nationwide, as well before the U.S. International Trade Commission (ITC) and in inter partes review (IPR) proceedings before the Patent Trial and Appeal Board (PTAB).

With a strong background in both intellectual property litigation and complex commercial litigation, Ben assists clients in protecting and enforcing their rights. Ben combines impressive courtroom experience with knowledge of complex technologies that allows him to translate sophisticated subject matter into understandable concepts for judges and juries. He has represented numerous companies in patent litigations, including in the U.S. District Courts for the Eastern District of Texas, District of Delaware, and Northern District of California.

Ben has extensive technical experience in numerous industries, including telecommunications, software, semiconductors, consumer products, data storage systems, SMS messaging, Voice over Internet Protocol (VoIP), speech recognition, video monitoring products, medical devices, biotechnology, and pharmaceuticals.

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Robert Plotkin

Software Patent Lawyer & Founding Partner
Blueshift IP

Robert Plotkin is an MIT-educated patent attorney who has been specializing in software patents for over 25 years. He represents tech startup companies through all stages of their development, from initial conception through product development and launch, and through growth and exit, such as by acquisition or IPO. He collaborates closely with his startup clients to obtain broad, strong, and defensible software patents in the U.S. and worldwide. He is a founding partner of Blueshift IP, a patent law firm in Cambridge, Massachusetts that specializes in software patents. His clients entrust him with their most valuable software patents and he is often called on to advice in business-critical software patent acquisitions and litigation.


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