Lahive & Cockfield Named A ``Power Prosecutor'' of Best Biotech Patents.Business Editors & Health/Medical Writers BIOWIRE2K BOSTON--(BW HealthWire)--June 26, 2002 Lahive & Cockfield, LLP LLP - Lower Layer Protocol , a law firm specializing in the development and enforcement of Intellectual Property rights, placed seventh nationally in rankings published by PatentRatings LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an independent research and rating service that provides objective, statistical-based ratings of issued and pending U.S. utility patents. Evaluating the quality of biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. patents prosecuted between 1997 and 2001, PatentRatings' study measured essential patent characteristics determined to have a statistically significant correlation to patent value in order to establish their "best" biotech patent quality rating. Lahive & Cockfield was the only Boston-based firm to capture a top 10 spot on this ranking. "We are particularly honored by PatentRatings' ranking because it speaks to the value of patents prosecuted and issued rather than the sheer number of patents. Lahive & Cockfield's ranking is the result of our 20-year history working with biotechnology and high-tech companies to create patents that will tangibly add value and further their long-term business objectives. Moving forward, we are firmly committed in supporting our clients' objectives, whether they require patent strategy, patent prosecution Patent prosecution describes the interaction between an applicant, or their representative, and a patent office with regard to a patent, or an application for a patent. Broadly, patent prosecution can be split into pre-grant prosecution, which involves negotiation with a patent , or patent enforcement and defense through litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ," noted Giulio A. DeConti, Jr., a partner at Lahive & Cockfield. Lahive & Cockfield is one of New England's largest law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
Mr. DeConti added, "The entire Intellectual Property field has undergone a dramatic transformation in the past 20 years. Intellectual Property rights, and patents in particular, are now at the heart of technology-driven companies' inherent value. In today's competitive market, biotech and high-tech companies often rely on the strength of their patent portfolio to obtain financing, and explore partnering and licensing opportunities. It is crucial in the biotech and high-tech fields for companies to ensure that they have Intellectual Property protection that will sustain the long-term evolution of their organizations." About PatentRatings LLC Firm rankings were based on computer-modeled statistical quality ratings (Intellectual Property Quotient quotient - The number obtained by dividing one number (the "numerator") by another (the "denominator"). If both numbers are rational then the result will also be rational. or "IPQ IPQ Instituto Portugues da Qualidade (Portugese) IPQ Incoming Product Quality IPQ Ingegneria Prodotto Qualità IPQ initial parts qualification ") of 38,000 individual biotech patents obtained by patent law firms that have prosecuted at least 100 patents in the biotech field in the past five years. The IPQ score is a mathematically derived numerical numerical expressed in numbers, i.e. Arabic numerals of 0 to 9 inclusive. numerical nomenclature a numerical code is used to indicate the words, or other alphabetical signals, intended. score based on about 35 different identified patent characteristics determined to have a statistically significant correlation to patent value (as observed through reported patent maintenance and abandonment rates). More information about PatentRatings and the ratings survey can be found on the company's Web site at http://www.patentratings.com/. About Lahive & Cockfield, LLP Lahive & Cockfield, LLP, established in 1982, is a complete, full-service source of legal and strategic advice across the spectrum of Intellectual Property matters. The Firm services a diverse client base spanning 45 states and 23 countries, and is a leader in patent prosecution in many of the most intensely competitive markets and industries, including biotechnology, medical devices, optics, computer science, chemistry, pharmaceuticals, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , electronics and engineering. The Firm offers legal expertise in patent, trademark, copyright, licensing and infringement The encroachment, breach, or violation of a right, law, regulation, or contract. The term is most frequently used in reference to the invasion of rights secured by Copyright, patent, or trademark. matters. Lahive & Cockfield also regularly represents clients in litigation, negotiation, opinion work, freedom to operate analyses and strategic counseling. More information on Lahive & Cockfield can be obtained by calling 617/227-7400 or visiting our Web site at http://www.lahive.com/. |
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