Patents are critical and material assets for companies and institutions of all types and stages of growth, making domestic and international patent protection a fundamental component of an effective business strategy.
In today’s knowledge-based economy, a company’s patent portfolio is often the most valuable line item on its balance sheet. Patents can play many important roles. Core-technology patents can create a significant barrier to entry for competitors, giving a company the space it needs to build valuable market share and brand recognition for its products or services. Improvement patents can allow a company to put its competitors at a significant disadvantage by preventing them from offering commercially important product features or stopping them from using cost-saving manufacturing techniques.
A patent can be of limited value, however, if it is not carefully drafted and thoughtfully prosecuted. The inclusion of even a single unnecessary word in a patent claim, or the making of even a single careless comment on the record during prosecution of a patent can eviscerate its market value. Our seasoned, technically-trained attorneys understand these pitfalls and know how to avoid them.
Our careful, and yet cost effective, approach to patent procurement has earned us the trust of some of the most innovative and forward-thinking companies and research institutions in the world. Included amongst the entities we’re proud to call our clients are renowned technological leaders, top-tier universities, early- and mid-stage technology-focused companies, as well as a handful of individual inventors seeking to protect and monetize their inventions.
Our lawyers assist clients in a broad range of industry sectors in connection with the development/enforcement of patent rights, including:
- Advanced Materials & Manufacturing
- Clean Tech
- Communications & Networking
- Electrical & Mechanical Engineering
- Life Sciences
- Medical Devices
- Motors & Generators
- Software & Computer Technologies
The scope of our portfolio development work is global. Outside the U.S., we work with a worldwide network of experienced patent lawyers to implement the patent strategies we devise with our clients.
As a multiservice law firm, we offer clients additional value that many boutique firms cannot provide. Attorneys at Pierce Atwood are skilled in a broad range of practices, which means we can address a wide range of our clients’ legal needs.