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Successful Philadelphia IP Firm Is Too Big to Be Small But Doesn't Want to Be Big
Mention the name Woodcock Washburn in Philadelphia legal circles, and the talk will be about one of the most respected IP firms in town. With a client list that includes Johnson & Johnson and Microsoft, Fortune 250 clients have been a firm staple since patent attorney Virgil Woodcock left General Electric in 1938 and founded the solo practice that grew into 90-lawyer Woodcock Washburn. The firm was third on IP Law & Business' annual list of top IP firms, and it shows no sign of slowing down.Federal Circuit OKs Streamlining Patents
Changes aimed at speeding the application process, which were introduced by the PTO in 2007 and struck down last year are mostly reinstated.Finnegan Raises Salaries for Junior, Midlevel Associates
Finnegan, Henderson, Farabow, Garrett & Dunner, a Washington, D.C.-based, 300-lawyer intellectual property boutique, is bumping base salaries for first-year associates from $125,000 to $135,000. Those in their second year will move from $135,000 to $145,000. Finnegan Chairman Christopher Foley says the firm sensed a trend that salaries are rising. The new pay scale pushes Finnegan base salaries above those paid to IP associates at general practice firms like Howrey; Morgan, Lewis & Bockius; and Jones Day.U.S. Formally Joins Madrid Trademark Pact
On Sunday the United States officially joined the Madrid Protocol. Touted as a way to save time and money, the treaty allows trademark owners to file a single application to register a trademark in dozens of countries. "It remains to be seen whether it delivers the promise of true international registration for a fraction of the cost of filing in each individual country," says Fenwick & West's Sally Abel.The Best Way to Stop the Best-Of Madness
The legal profession is long accustomed to perusing "best of" lists -- best attorneys, best firms, "Super Lawyers," and so on. But what purpose do such lists actually serve? One such "Super Lawyer" says "best of" lists have little to do with actually being "the best" and instead are determined by popularity and money (essentially excluding solos and small firms). Legitimate "best of" lists, he says, can and should generate meaningful debate about what it means to be a good lawyer.IBM's New Initiative Could Change the Patent Process
Intellectual property lawyers are praising a recent decision by IBM to publish its patents on the Web as an important first step in reforming the patent process and reducing litigation. IBM, which earns $1 billion annually from IP, plans to make all of its patent applications public online 18 months after filing. It also intends to clearly register all patents and applications in the company name. IBM's policies could have a major effect on limiting litigation -- if they are the beginning of a trend.Heads, We Lose! Tails, We Lose!
The real losers in the endless game of redistricting roulette will be the voters.Trending Stories
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