Release Date: June 10, 2021
For 2020 Patent Prosecution Report click here.
In our Third Annual Patent Prosecution Intelligence Report, aside from our popular performance and activity rankings for patent firms in high-tech, bio-tech and overall, we also published:
- the estimated patent revenue generated by each of the top 1000 patent firms
- the estimated patent spending for each of the top 1000 companies
- the top 3 patent clients for each of the top 1000 most active patent firms
- the top 3 patent firms for each of the top 1000 most active compies
Our reports help companies leverage the data with the goal of either trimming their patent firms or in some cases, adding a new firm to help with their ongoing patent prosecution needs.
Similar to our other reports, we looked at a five-year period based on the issue dates between January 1st, 2016 and December 31st, 2020 to measure the activity, efficiency and performance of law firms. This year, we evaluated:
- 2,379,335 applications
- 1,807,622 Patents
- 27,044,210 Claims
- 116,033 Companies
- 3,714 Patent Firms
In order to come up with the list of top law firms, we analyzed and reviewed various metrics including filing activity, the pendency of applications, number of extensions requested, number of office actions, allowance rate, changes in the claim language and length of the claims. We compared these metrics and measured them against the average for different firms as well as Art Units at the USPTO.
We looked at the data in three different areas: high-tech, bio-tech and overall to make sure our comparison is fair and those firms focusing on only one area are treated fairly. The top 100 firms in different categories that purchase the report, will also receive our 2021 prosecution badges.
We have recorded an educational webinar about the prosecution report, which is available here.
We will provide a Press Kit and the firms will be able to have a press release or publish the digital badges on their sites.
In addition, due to popular demand, similar to last year, we will provide an Excel file covering the first 1000 law firms, with all their stats and scores for the last five years.
Note: If you are interested in all our Intelligence Reports including Patent Prosecution, consider Patexia Concierge Program which also provides your organization with online access to various stats related to all IP firms and attorneys including all USPTO examiners.
WHY SHOULD MY LAW FIRM PURCHASE THIS REPORT?
- Business intelligence and the use of data for decision-making is an integral part of any robust operation these days. Insights and facts extracted from the data will help the management to draw a conclusion for their future direction rather than deciding based on random guesses or feelings.
- Many law firms and attorneys struggle to differentiate themselves in the crowded patent prosecution practice, so we evaluated over 5,000 law firms on activity, efficiency, and performance, enabling attorneys and practice groups to market themselves based on independent third-party rankings and proven results.
- The report equips you with the right information to present to future clients and easily differentiate yourself from other firms or attorneys.
- If you are named in the report, it means you or your firm are among the top 1% - 10% in the respective category.
WHY SHOULD MY COMPANY PURCHASE THIS REPORT?
- Business intelligence and the use of data for decision-making is an integral part of any robust operation these days. Insights and facts extracted from the data will help the management to draw a conclusion for their future direction rather than deciding based on random guesses or feelings.
- Many companies struggle to find the right patent firm. So we evaluated over 5,000 law firms on activity, efficiency and performance, enabling companies to choose based on independent third-party rankings and proven records.
- The quality metric we calculated for each portfolio, takes into account numerous factors such as citation, age, claim length, etc. which helps you measure and compare your portfolio with its competition.
- When you consider the budget for outside counsel, the hourly rates some of the top attorneys charge, and the value of your intellectual property, we feel that the statistics and analysis provided in this report can provide valuable insights and be a part of your decision-making process.
- The attorneys and firms named in the report represent the top 1% - 5% in their respective categories