
Nobody ever walked into a Rolls Royce showroom expecting to drive out
in a new model without taking a hit in the wallet. (Of course, if
you're in the Rolls showroom, you can probably afford the hit.) Ditto
that yacht, house, or even a really nice bottle of
Chateau Montelena Cabernet. (And if you want to know why Chateau Montelena is so expensive, see Bottle Shock.)
Good legal representation also costs, and with very good reason that
you, in particular, don't need a movie to explain. And patent
litigation, because it is extra specialized, complicated and takes a
really long time, can be über expensive. Still, both lawyers and
clients struggle to come up with ways to keep those costs from making
that Rolls Royce seem like a Chevy Nova.
Mark L. Levine and Alan E. Littmann, of Bartlit Beck Herman
Palenchar & Scott LLP have given much thought to controlling these
costs, and the result is
Managing Patent Litigation: Successful Results at Reasonable Cost.
Toolbox likes their approach because they start off by saying what
everyone knows: "There is no way to make patent litigation
inexpensive"; however, they believe "there are some good ways to
minimize the costs." And that is critical if you understand just how
expensive patent litigation is: "Median patent litigation costs are $5
million for suits with more than $25 million at risk. Perhaps even more
problematic, suits with less than $1 million at risk have a median cost
of $600,000 — approximately 60% of the total amount at stake." Levine
and Littman outline several actions litigators can take to hold costs
at bay. Their first three suggestions come under the rubric of reducing
the uncertainty in litigation cost. They suggest three important ways
to reduce uncertainty:
The authors make several other suggestions in the areas of discovery management; using demonstratives — "worth a thousand words, and several thousand dollars"; controlling expert costs; handling multi-party litigation, e.g., "consider entering a joint defense agreement with other defendants"; clients can try patent litigation insurance; and there's also litigation financing, which is a fascinating concept. Anyway, this one's a keeper. And with the savings from the litigation, you never know, your clients may buy you a bottle of that wine, if not a Rolls.
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