Saving Money on Patent Prosecution: How Data-Driven Modeling Lets You Cut With a Scalpel

Tuesday, June 15, 2021

Securing a patent in 2021 is a tough job. Courts continue to ask for more disclosure and better claims, and that is when they aren’t moving the goalposts on patent practitioners. Meanwhile, clients demand flat fee billing and want to pay less every year.

But what if there were a way for you to work with clients to show them how they could judiciously cut prosecution costs? Thanks to big data analytics, information exists that allows those willing to look to identify and address issues before they become problems. Thus, offering the ability to save money and get through the prosecution process faster and cheaper, which allows those funds to be spent elsewhere.

In this webinar hosted by Gene Quinn of IPWatchdog and with panelists Bernard Tomsa of Brooks Kushman and Shayne Phillips of Anaqua as the primary presenter, panelists will discuss the marrying of IP cost flows with rejection data for insights that facilitate prosecution cost savings. Furthermore, they will discuss how to strategically save money on your prosecution budget without sacrificing quality through cutting costs by:

  • Modeling real-time spend with real-time office action data,
  • Identifying potential problem applications requiring enhanced analysis and possible executive decision-making, and
  • Reviewing historical spend versus historical outcome data to build models driven by real data.

“Analytics allows us to strategically save money on your prosecution budget without sacrificing quality through cutting costs by modeling real-time spend with real-time office action data, identifying potential problem applications requiring enhanced analysis and possible executive decision-making, and reviewing historical spend versus historical outcome data to build models driven by real data” – Bernard Tomsa

Our team of patent prosecution attorneys leverages the use of powerful analytics technology to assist clients in evaluating patents, maximizing value, obtaining competitive intelligence, and developing strategic defensive information. To learn more about our capabilities, contact Bernard Tomsa (btomsa@brookskushman.com).