"patent trials are rare"...DEAN...

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"patent trials are rare"...DEAN...

in response to

"patent trials are rare"

DABOSS

posted on Jul 23, 2007 06:12AM

Thanks for posting that article...

The most important langauge in it is the following:...

"...a big patent trial now costs each side more than $4 million to try. These factors explain why there were only 102 jury trials about patent disputes in 2006, out of 2,830 such cases filed,..."...

So now we have a yardstick, from the mouth of James Pooly, a DM litigator, to measure the confidence the law firm has in their valuation of EDIG IP to accept the case on a contingency basis. And remember when he is talking of a $4 million dollar cost it excluds the law firm's attorney's time spent on the case...

In the words of the laugh in show host, you can bet your bibby DM had a partner's meeting where they got Mr. Pooly to put in his 2 cents before they accepted EDIG case on a contingency fee basis...